CreditAccess Grameen Limited has appointed Mrs. Devika Praveen as its Chief Compliance Officer (CCO), effective June 11, 2026. Mrs. Praveen brings nearly three decades of experience in banking and financial services, with deep expertise in regulatory compliance, governance, and AML. Her appointment is a strategic move to strengthen the company’s compliance framework and corporate governance standards as it continues its growth trajectory.
CreditAccess Grameen Announces Key Appointment
CreditAccess Grameen Limited, a leading rural-focused inclusive financing platform, announced today the appointment of Mrs. Devika Praveen as its new Chief Compliance Officer (CCO). This appointment is effective from June 11, 2026.
Extensive Experience in Financial Services
Mrs. Devika Praveen comes to CreditAccess Grameen with close to three decades of extensive experience in the banking and financial services sector. Her expertise spans critical areas such as regulatory compliance, corporate governance, anti-money laundering (AML), regulatory supervision, policy management, compliance testing, and Board-level oversight. Prior to this role, she served as the Deputy Chief Compliance Officer at Slice Small Finance Bank.
Leadership Roles and Qualifications
Throughout her career, Mrs. Praveen has held significant leadership positions at prominent financial institutions. These include roles as Chief Compliance Officer at Fincare Small Finance Bank and senior compliance positions at AU Small Finance Bank, Kotak Mahindra Bank, and ING Vysya Bank. She has a proven track record in managing regulatory relationships, overseeing inspections, enhancing enterprise-wide compliance frameworks, driving AML initiatives, and ensuring robust governance practices. Mrs. Praveen holds a Master of Business Administration (MBA) from the University of Mysore and is a CAIIB-qualified banking professional.
Commitment to Compliance and Governance
Expressing her enthusiasm, Mrs. Devika Praveen stated, “I am delighted to join CreditAccess Grameen, an institution that has consistently demonstrated its commitment to responsible finance and financial inclusion. I look forward to working closely with the leadership team to further strengthen the Company’s compliance and governance framework, foster a culture of regulatory excellence, and support its sustainable growth journey.”
Mr. Ganesh Narayanan, Managing Director & CEO, CreditAccess Grameen Limited, welcomed Mrs. Praveen, remarking, “We are pleased to welcome Devika to CreditAccess Grameen. Her extensive experience in regulatory compliance, and governance, coupled with her deep understanding of the evolving regulatory landscape, will be invaluable as we continue to strengthen our compliance framework and uphold the highest standards of corporate governance. We look forward to her contributions in supporting the Company’s long-term growth and reinforcing stakeholder trust.”
About CreditAccess Grameen Limited
CreditAccess Grameen Limited is a prominent rural-focused inclusive financing platform headquartered in Bengaluru. The company offers a comprehensive range of credit products to low-to-middle income households, including group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing. Operating across 451 districts in 16 states and one union territory through 2,236 branches, CreditAccess Grameen is supported by its Promoter, CreditAccess India B.V., and leading global institutional investors.
Source: BSE
