Spandana Sphoorty Financial Limited announced that Board of Directors of the Company, approved the appointment of Mr. Amit Anand as the Chief Risk Officer of the Company for a period of 5 (Five) years with effect from July 18, 2022. Mr. Amit Anand holds a Master's degree in Finance from ICFAI Business School, Hyderabad and a Bachelor's degree
in Economics from Magadh University, He has an overall experience of 19 years in Banks and NBFC's across various
risk functions. Prior to joining Spandana he has worked with Shinhan Bank, Bank of India, Bank of Baroda and CRISIL
among others.