Popular Vehicles and Services Limited has informed the Exchange about change in Management
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Popular Vehicles and Services Limited has appointed Mr. Abraham Mammen as the new Group Chief Financial Officer (CFO) and Key Managerial Personnel, effective 01st July 2025. He succeeds Mr. John Verghese, who retired from the position of Group CFO on 30th June 2025 after serving the company. Mr. John Verghese will continue in a consulting role until 30th September 2025 to ensure a smooth transition. Mr. Abraham Mammen is a qualified Chartered Accountant, Company Secretary, and Cost Accountant with over 22 years of experience, previously serving as Group CFO at Neutrinos Technologies and VP Finance at Quess Corp.
This is a planned leadership transition with the outgoing CFO providing consulting support, suggesting continuity. The new CFO brings strong finance leadership experience from large listed companies, which should reassure investors about the company's financial management going forward.