Manish Rathi joins Mangal Credit as the new CEO; stock trades flat

7 Apr 2022 , 02:47 PM

Mangal Credit & Fincorp Limited informed that the Board of Directors through a circular resolution passed on 06.04.2022 has appointed Mr. Manish Rathi as Chief Executive Officer (CEO) of the Company with effect from April 1, 2022.

Mr. Manish Rathi, Chartered Accountant is a Member of the ICAI. He has 17 years of post-qualification experience with specialization in credit and risk management across products and customer segments covering PAN India and South East Asia etc. He has distinctive experience in setting up new & profitable/ growing businesses, creating teams, digitization & automation & tech, process improvement, and project management.

He has experience in developing credit risk policies & processes, products, credit monitoring frameworks, and portfolio management.

He has experience in delinquency management & collections, sale of stress assets, risk-based auditing, and Investor relationship & Fund Raising – debt & equity. He managed a cumulative portfolio of $3 billion.

Mangal Credit & Fincorp Ltd is currently trading at Rs122.10 down by Rs0.35 or 0.29% from its previous closing of Rs122.45 on the BSE.