IndoStar Capital Finance Limited announced that at the board meeting held on December 26, 2022 approved appointment of Mr. Vinod Kumar Panicker as the Chief Financial Officer of the Company with effect from 26 December 2022. Mr. Vinod Kumar Panicker is a qualified Chartered Accountant and has over 32 years of rich experience in handling Finance & Accounts, Legal & Secretarial, Investor Relationship & Analysts, Fund raising, systems, strategy, with in-depth knowledge of the NBFC sector. Mr. Panicker has been recognised among the TOP 100 CFOs by CFO Magazine in March 2018, and received the Financial Express CFO Award 2020.

During his tenure, Muthoot Capital Services was also recipient of the Special Commendation Golden Peacock award for corporate ethics. He has previously worked with Rajan Raheja Group and Mediaturf Worldwide India Pvt. Ltd. as CFO and has also held various positions with organizations like Asianet Satellite Communications Ltd., Cadbury Schweppes Beverages India & Schweppes Beverage Division, The Coca Cola Bottling Co.

of Saudi Arabia, Herdillia Unimers Ltd. etc. Prior to joining IndoStar Capital Finance, he was associated with Muthoot Capital Services (Muthoot Pappachan Group) as CFO for the past 9 years.