Spandana Sphoorty Financial Ltd., one of the largest microfinance companies in India has appointed the former Managing Director at Citigroup, Mr. Sandeep Soni, as its Chief Executive Officer (CEO).
In a career spanning almost two decades, Mr.Soni has worked extensively in consumer-centric segments, having managed products ranging from credit cards, mortgages, insurance to international FMCG brands. He is also the winner of the coveted Asian Banker award for the best Managed NBFC in the Asia Pacific in 2007.
With a substantial exposure in managing global operations, Mr. Soni has also served on the board of various financial services entities, both in India and overseas.
“Given his vast experience in a financial services industry we are confident that under his leadership and guidance, Spandana will be able to achieve newer heights,” said Mrs. Padmaja Reddy, Founder, and MD, Spandan.