The Board of Directors of Ujjivan Financial Services Limited at their meeting held today, April 18, 2022, based on the recommendation of the Audit Committee and Nomination and Remuneration Committee, has considered and unanimously approved the appointment of Mr. Radhakrishnan Ravi, as Chief Executive Officer (CEO) & Chief Financial Officer (CFO) effective from April 19, 2022 as per Section 203 of the Companies Act, 2013, he will also be the designated Key Managerial Personnel (KMP) of the Company from the date of his appointment.
He is a qualified Chartered Accountant from The Institute of Chartered Accountants of India, New Delhi, and is a member of the Institute of Internal Auditors, Florida, USA. He has more than 30 years of experience in Financial Accounting and Planning, Budgetary Cost Control, MIS Reporting and Statutory Compliance for Internal Control Team Management.
His previous work experience includes working as an Independent Fraud Investigation officer for Inteltec, Commercial Director for Calega Resources Investment LLC, as a VP Finance of Commit Group, as a Finance Director/Compliance Officer of Alcazar Capital Ltd, as a Chief Financial Officer for AGT FZCO, Dubai UAE, as a supervisor with Ernst & Young, Bahrain, SNB Associates (Chartered Accountants), Bangalore, Ravi and Mahadevan (Chartered Accountants), Chennai as Partner.
Shares of Ujjivan Financial Services Limited was last trading in BSE at Rs. 153.65 as compared to the previous close of Rs. 150.70. The total number of shares traded during the day was 232475 in over 7923 trades.
The stock hit an intraday high of Rs. 154.90 and intraday low of 145.00. The net turnover during the day was Rs. 35226268.00.