Aye Finance elevates four senior leaders to C-suite roles
Aye Finance Ltd appointed four senior executives to C-suite roles: Ankur Sharma as CHRO, Piyush Maheshwari as CCOO, Akash Purswani as CCO, and Sovan Satyaprakash as CSIRO. These internal promotions aim to strengthen governance and operational excellence as the NBFC-ML scales its ₹7,324 Crore AUM business across India.

*this image is generated using AI for illustrative purposes only.
Aye Finance Ltd announced on August 10, 2026, the elevation of four senior leaders to Chief-level positions, reinforcing its leadership structure as it scales its micro-enterprise lending business. The appointments recognize internal talent that has driven growth in human resources, credit operations, collections, and strategy, aligning with the company’s goal to deepen financial inclusion across India.
The Board approved these strategic hires pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanjay Sharma, Managing Director, stated that these promotions reward consistent delivery and bring fresh perspectives to manage increasing scale and complexity.
Leadership Appointments
The company elevated four key executives to the following roles:
| Executive Name | New Designation | Key Background |
|---|---|---|
| Ankur Sharma | Chief Human Resources Officer (CHRO) | Led HR since 2018; scaled workforce to over 11,000 employees |
| Piyush Maheshwari | Chief Credit and Operations Officer (CCOO) | Joined in 2015; built credit framework and underwriting discipline |
| Akash Purswani | Chief Collection Officer (CCO) | Joined in 2019; transformed collections into a technology-enabled operation |
| Sovan Satyaprakash | Chief Strategy & Investor Relations Officer (CSIRO) | Joined in 2016; led Strategy, Product, Supply Chain, and IPO process |
Ankur Sharma’s tenure has seen the organization grow to a workforce of over 11,000 employees, contributing to Aye Finance’s recognition among India's Top 10 Great Places to Work. Piyush Maheshwari has steered the organization through multiple credit cycles while strengthening risk management practices and leading the Platform Business growth.
Akash Purswani transformed the collections function into a unified, process-driven operation, balancing customer engagement with asset quality management. Sovan Satyaprakash, a member of the first management trainee batch, previously led Strategy, Product, and Supply Chain Business and played a pivotal role in the company’s successful Initial Public Offering. In his expanded role, he will additionally lead Investor Relations.
Operational Context
Aye Finance is a non-banking financial company – middle layer (NBFC-ML) focused on providing loans to micro-scale MSMEs. The company operates across 18 states and 3 union territories, offering business loans for working capital and expansion against hypothecation of working assets or property security.
As of June 2026, Aye Finance reported Assets Under Management (AUM) of ₹7,324 Crore. The company specializes in small-ticket business loans with an average ticket size (ATS) on disbursement of ₹0.17 million. Its expertise in underwriting diverse business cash flows has enabled stable credit costs and profitable scaling.
Historical Stock Returns for Aye Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.46% | +5.91% | +3.55% | +36.81% | +36.81% | +36.81% |
How will the elevation of internal talent to Chief-level roles impact Aye Finance's ability to manage credit risk as it scales its AUM beyond ₹7,300 Crore?
What specific strategic initiatives will the newly appointed Chief Strategy & Investor Relations Officer prioritize to drive growth in the competitive NBFC-ML sector?
How might the expansion of the workforce to over 11,000 employees influence operational efficiency and cost-to-income ratios in the coming fiscal year?


































