SKS Microfinance appoints Ranjana Kumar as independent director

Previously Kumar has worked as a chairperson of Nabard who started her career with bank of India as a probationary officer

SKS Microfinance has appointed Ranjana Kumar as an independent director of the company with effect from March 8.

Previously, Kumar has worked as chairperson of National Bank for Agriculture and Rural Development (Nabard). Kumar, who started her career with Bank of India as a probationary officer in 1966, has served as chairperson and  managing director of Indian Bank and executive director of Canara Bank.

She has also served as a director of Andhra Pradesh Paper Mills, as an independent director of Tata Global Beverages Limited and Coromandel International. She also held the constitutional post of Vigilance Commissioner in Central Vigilance Commission," SKS said in a filing to the BSE on Monday.

The company's scrip is currently trading at Rs 144.40 on the BSE, down 1.30 per cent over the previous close of Rs 146.40.