News Stocks Spandana Sphoorty Financial Limited Appoints Avinash Yadav as Chief Information OfficerSpandana Sphoorty Financial Limited Appoints Avinash Yadav as Chief Information Officer
Spandana Sphoorty Financial Limited has appointed Mr. Avinash Yadav as Chief Information Officer effective February 17, 2026, following Board approval and Nomination Committee recommendation. Mr. Yadav is a recognized technology leader with expertise in AI/ML, digital transformation, and financial services technology, having previously worked with IIFL Samasta Finance Limited. He has received industry recognition including top 50 tech leaders in NBFC by ET-Edge and best CTO/CIO of the year 2025 by UBS Forums.
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Spandana Sphoorty Financial Limited has announced the appointment of Mr. Avinash Yadav as Chief Information Officer, effective February 17, 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee.
Appointment Details
The company informed stock exchanges BSE Limited and National Stock Exchange of India Limited about this key leadership appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Parameter: | Details |
|---|---|
| Position: | Chief Information Officer |
| Effective Date: | February 17, 2026 |
| Approval Authority: | Board of Directors |
| Recommendation By: | Nomination and Remuneration Committee |
| Board Relationship: | Not related to any Director |
Professional Background
Mr. Avinash Yadav brings significant expertise as a visionary technology leader with specialization in high-impact technology projects, AI/ML models, technical operations, and IT governance. His experience spans across NBFC, HFC, and FinTech sectors, providing him with a comprehensive understanding of financial services technology.
Prior to joining Spandana Sphoorty Financial Limited, Mr. Yadav worked with IIFL Samasta Finance Limited. His track record demonstrates success in driving IT operations, high-impact technology initiatives, and digital transformation programs aimed at enhancing customer experience, business growth, and operational efficiency.
Industry Recognition
Mr. Yadav has received notable industry recognition for his technology leadership:
- Awarded as one of the top 50 tech leaders in NBFC by ET-Edge
- Recognized as best CTO/CIO of the year 2025 by UBS Forums
These accolades highlight his expertise and contribution to the financial technology sector.
Regulatory Compliance
The appointment disclosure was made pursuant to the SEBI Master Circular dated January 30, 2026, bearing reference number HO/49/14/14(7)2025-CFD-POD2/1/3762/2026. The company has provided comprehensive details of the appointment as required under regulatory guidelines.
Spandana Sphoorty Financial Limited, headquartered in Hyderabad, operates under CIN L65929TG2003PLC040648 and trades on stock exchanges under scrip codes 542759 and 890221 with symbols SPANDANA and SSFLPP respectively.
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