IFCI Limited has announced the appointment of Shri Manikumar Sivaramakrishnan as the company’s new Deputy Managing Director. Having assumed office on April 06, 2026, he brings over three decades of extensive experience in the banking and financial services sectors. His leadership appointment is effective for a tenure of three years, bolstering the company’s strategic management as it continues to advance its operations in the infrastructure and financial services space.
Leadership Transition at IFCI
IFCI Limited has officially appointed Shri Manikumar Sivaramakrishnan to the position of Deputy Managing Director. The appointment was confirmed following directives from the Ministry of Finance, Department of Financial Services. Shri Sivaramakrishnan took formal charge of his responsibilities on April 06, 2026, for a duration of three years.
Professional Background and Expertise
Shri Sivaramakrishnan is a Fellow Member of the Institute of Cost Accountants of India (FCMA) and possesses advanced academic credentials, including an MBA in Finance and an MS in Banking. His career spans more than 30 years, characterized by significant contributions to strategic planning, financial management, rural infrastructure financing, and integrated risk management.
Strategic Experience
Prior to joining IFCI, Shri Sivaramakrishnan held several high-impact roles. He began his career at the Indian Overseas Bank in the early 1990s before transitioning to NABARD in 1992. During his tenure at NABARD, he rose to the level of Chief General Manager and served as the Chief Operating Officer of NABVENTURES Ltd. His board-level experience includes directorships at several prominent financial institutions, including SIDBI, NCDEX, and NABSAMRUDDHI Finance Ltd. This extensive expertise in banking technology and financial product structuring is expected to provide valuable strategic leadership to IFCI’s ongoing initiatives.
Source: BSE
