Key Appointment Details
The Board of Directors of Namra Finance Limited ("Namra"), a wholly owned subsidiary of Arman Financial Services Limited, has appointed Mr. Chandramouli Akkiraju as Chief Business Officer and designated him as a Senior Management Personnel of Namra. The appointment is effective from October 16, 2026.
Professional Background of Appointee
Mr. Chandramouli Akkiraju holds a Master's degree in Business Management from Andhra University and a certification in risk management from the Asian Institute of Management, Philippines. He brings over 25 years of experience in financial services.
Previous Associations
- BASIX
- KBS Local Area Bank
- Belstar Financial Services
- Heritage Finlease Limited
- Namra Finance Limited (previous tenure)
Previous Role at Namra Finance Limited
Mr. Akkiraju served as Chief Operating Officer of Namra Finance Limited from 2017 to 2023. During this period, he oversaw the growth of the company's microfinance AUM from approximately ₹90 crore to ₹1,500 crore. He was instrumental in steering the company through the COVID-19 pandemic.
International Experience
His work across domestic and international markets has provided insight into cross-cultural customer behavior and business opportunities. He has professional exposure in 22 states in India and 12 countries overseas (majority in Africa).
Consulting Experience
As a consultant, he successfully bid for two prestigious assignments:
- Agricultural value chain financing with IFC in India
- Micro Lead Cameroon with UNCDF
He has also provided advisory services on agricultural value chain risk management to OIKO Credit's subsidiary in India.
Current Role
Mr. Chandramouli has now rejoined Namra Finance Limited as Chief Business Officer, overseeing the company's microfinance portfolio.
Governance Details
Mr. Akkiraju is not related to any Director of Namra Finance Limited or of Arman Financial Services Limited (the parent company).