Comfort Fincap Ltd appoints Mr. Sanjeev Pandey as Independent Director

Comfort Fincap Limited, a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India and listed on BSE (Scrip Code: 535267), is pleased to announce the appointment of Mr. Sanjeev Pandey as the Independent Director and the elevation of Mrs. Nirmala Kanjar as the Director, marking an important step in further strengthening the Company's Board, Governance, and Leadership Framework. Mr. Sanjeev Pandey, a seasoned veteran of India's banking and financial sector, brings over 35 years of experience spanning banking operations, regulation, policy, and strategic advisory. An Ex-Senior Banker with the State Bank of India (SBI), Mr. Pandey played a pivotal role in shaping key institutional and regulatory mechanisms within the financial ecosystem.

He pioneered and led SBI's NCLT Division, overseeing more than 1,000 Corporate Insolvency Resolution Processes (CIRPs), over 300 liquidation matters, and approximately 900 individual insolvency cases, while establishing robust governance frameworks and policies. He also has global experience as Executive Vice President (Treasury & Investments), SBI Singapore, alongside extensive expertise in domestic treasury management, corporate banking, and stressed asset resolution.

Alongside this, the Company announced the elevation of Mrs. Nirmala Kanjar as the Director on the Board, recognizing her long-standing contribution and leadership within the organization. A distinguished Member of the Institute of Chartered Accountants of India (ICAI), Mrs. Kanjar has been associated with Comfort Fincap Limited since 2015, as the Chief Financial Officer.

Over the past decade, Mrs. Kanjar has played a critical role in shaping and executing the Company's financial strategy, strengthening internal control systems, ensuring regulatory and statutory compliance, and managing financial risks. Her stewardship as CFO has been instrumental in enhancing financial discipline, optimizing resources, and supporting the Company's sustainable growth journey.

Commenting on her appointment to the Board, the Company noted that Mrs. Kanjar's elevation reflects the Board's confidence in her strategic insight, deep institutional knowledge, and commitment to ethical governance. Her role as Director ensures continuity in leadership and reinforces the Company's focus on long-term value creation.

The Board of Directors of Comfort Fincap Limited expressed confidence that the combined experience of Mr. Sanjeev Pandey and Mrs. Nirmala Kanjar will further strengthen the Company's governance standards, strategic oversight, and growth trajectory in the evolving NBFC landscape.

Source : Equity Bulls

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