Religare Enterprises Limited has announced the appointment of Mr. Srinivasan Karthik as the Chief Executive Officer (CEO) of its material subsidiary, Religare Finvest Limited (RFL), effective May 05, 2026. Mr. Karthik will also serve as a Key Managerial Personnel (KMP) and is set to assume the role of Managing Director upon receipt of final regulatory approvals. He brings over 30 years of experience in financial services and digital transformation.
Leadership Transition at RFL
The Board of Directors of Religare Finvest Limited has officially appointed Mr. Srinivasan Karthik to lead the company. Effective May 05, 2026, he assumes the dual responsibilities of Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). Furthermore, the board has approved his appointment as an Additional Director, with the intention for him to take on the role of Managing Director and CEO pending necessary approvals from the Reserve Bank of India and company shareholders.
Executive Profile and Experience
Mr. Srinivasan Karthik joins RFL with a distinguished career spanning more than three decades in the financial services, consumer financing, and BPO/ITES industries. Prior to this appointment, he spent a decade at HDB Financial Services, where he was instrumental in scaling portfolios across consumer loans, two-wheeler, auto, commercial vehicle, and tractor financing. In recent years, he played a pivotal role in leading the company’s digital transformation agenda.
Professional Background
Before his tenure at HDB, Mr. Karthik held leadership positions at Intelenet Global Services and SERCO, managing large global teams and servicing prominent banking clients across the globe. His early career included co-founding ventures within the education and technology sectors. Mr. Karthik is an alumnus of IIT Delhi, holding a B. Tech. in Electrical Engineering, and possesses a PGDM in Accounting and Finance from IIM Bangalore.
Source: BSE
