Manoj Nambiar elected as MFIN president

Microfinance Institutions Network (MFIN), a self regulatory body of MFIs, today said it has elected Arohan Financial Services' Managing Director Manoj Nambiar as its President.

"He takes over from Samit Ghosh, Managing Director and CEO Ujjivan Financial Services who completed his term of three years with the Board on the June 30," MFIN said in a statement.

Nambiar has over 27 years of experience in consumer finance and retail banking and is also a director on the boards of IntelleCash Microfinance Network and Intellecap Software Technologies.