Gearing up for the launch of their small finance bank, Janalakshmi Financial Services (JFS), the largest microfinance company, has announced the appointment of its new CEO Ajay Kanwal.
Kanwal, a veteran banker having 27 years of experience in both consumer and commercial banking sector, will take charge of office from August 1.
V. S. Radhakrishnan, the current CEO, will take over as Vice-Chairman and R. Srinivasan, the current Vice-Chairman, having reached the age of superannuation, will retire but will continue his association with Janalakshmi.