CreditAccess Grameen Limited announced the appointment of Ms. Devika Praveen as its new Chief Compliance Officer, effective June 11, 2026. Ms. Praveen brings nearly three decades of extensive experience in banking and financial services, specializing in regulatory compliance, governance, and anti-money laundering. Her background includes leadership roles at several prominent financial institutions, underscoring her expertise in compliance and regulatory oversight.
Leadership Appointment at CreditAccess Grameen
CreditAccess Grameen Limited is pleased to announce a significant addition to its senior management team. Ms. Devika Praveen has officially joined the company as the Chief Compliance Officer. This appointment is effective from June 11, 2026, marking a new chapter for the company’s governance and compliance functions.
Ms. Devika Praveen’s Extensive Experience
Ms. Praveen brings a wealth of experience, spanning nearly three decades in the banking and financial services sector. Her expertise is deeply rooted in critical areas such as regulatory compliance, corporate governance, anti-money laundering (AML) strategies, and regulatory supervision. She also possesses significant experience in policy management, compliance testing, and providing Board-level oversight. Before her tenure at CreditAccess Grameen, Ms. Praveen served as the Deputy Chief Compliance Officer at Slice Small Finance Bank.
Distinguished Career in Financial Services
Throughout her distinguished career, Ms. Praveen has held numerous key leadership positions across various leading financial institutions. Her prior roles include Chief Compliance Officer at Fincare Small Finance Bank, alongside senior compliance positions at AU Small Finance Bank, Kotak Mahindra Bank, and ING Vysya Bank. She has a proven track record in managing complex regulatory relationships, overseeing supervisory inspections, strengthening enterprise-wide compliance frameworks, and driving initiatives related to AML and regulatory reporting. Ms. Praveen holds a Master of Business Administration (MBA) from the University of Mysore and is a CAIIB-qualified banking professional.
Disclosure of Relationship with Directors
The company confirms that there is no disclosure of relationship with Directors pertaining to this appointment.
Source: BSE