SBFC Finance has announced a leadership transition. Aseem Dhru will step down as Managing Director & CEO, transitioning to Vice-Chairman effective April 1, 2026. Mahesh Dayani, currently Executive Director, will assume the role of Managing Director & CEO for a five-year term. The company also announced the resignation of Sai Prashant Menon, Chief Collections Officer, effective January 31, 2026.
Leadership Changes at SBFC Finance
SBFC Finance has announced significant changes to its leadership team, effective in early 2026. These changes reflect a strategic evolution and aim to drive continued growth and innovation within the company.
Aseem Dhru’s Transition
Aseem Dhru will step down from his position as Managing Director & CEO, effective at the close of business hours on March 31, 2026. He will transition to the role of Non-Executive Non-Independent Director designated as Vice-Chairman of the Company, effective April 1, 2026. This transition is subject to required approvals.
Mahesh Dayani Appointed as MD & CEO
Mahesh Dayani, currently an Executive Director, has been re-designated as the Managing Director & CEO of SBFC Finance. His term will be for five consecutive years, starting from April 1, 2026, and concluding on March 31, 2031. This appointment is subject to shareholder approval.
Resignation of Sai Prashant Menon
The company also announced that Sai Prashant Menon, Chief Collections Officer, has resigned from his position. His resignation will be effective from January 31, 2026. The company expressed its appreciation for his contributions.
Source: BSE
