Valapad, Thrissur, October 29, 2025: Asirvad Microfinance Ltd., a leading microfinance company and material subsidiary of Manappuram Finance Limited, is pleased to announce the appointment of Mr Gerard David Manoj Pasangha as its Co-Chief Executive Officer (Co-CEO).
In his new role, Mr Manoj Pasangha will spearhead Asirvad’s expansion strategy, enhance operational excellence, and drive innovation in product offerings and service delivery. He will work closely with the senior leadership team to further deepen Asirvad’s commitment to financial inclusion and sustainable growth across India. He will be based in Valapad, Kerala.
Mr Manoj Pasangha brings over three decades of leadership experience across the financial services industry. Before joining Asirvad, he served as President and Deputy CEO at IIFL Samasta, where he played a pivotal role in scaling the organisation’s business footprint and strengthening operational efficiencies. His earlier roles include Executive Vice President at ING Life India and
Chief Operating Officer SZ at Bharat Financial Inclusion Ltd (a 100% subsidiary of Indusind Bank), where he was instrumental in driving digital transformation and inclusive finance initiatives.
Mr Manoj Pasangha exemplifies people-centric leadership in the NBFC sector by combining vision with empathy. He inspires teams with a clear growth strategy while fostering inclusivity and collaboration across functions. A strong mentor, he invests in talent development and empowers managers to take ownership. His resilience and emotional intelligence help employees navigate regulatory shifts, digital transformation, and crises with confidence.
Speaking on his appointment, Mr Manoj Pasangha, Co-CEO, Asirvad Microfinance Ltd., said: “I am excited to join Asirvad Microfinance, an organisation that stands for purpose-driven growth and empowerment through financial inclusion. The company has built a strong foundation rooted in customer-centricity, governance, and innovation. I look forward to working closely with the leadership team to deepen our impact and scale responsibly while delivering value to millions of underserved households.”
Welcoming him to the leadership team, Mr V. P. Nandakumar, Chairman of Asirvad Microfinance Ltd., said: “We are delighted to welcome Mr Manoj Pasangha to Asirvad’s leadership team. His extensive experience and deep understanding of the financial ecosystem will further strengthen our ability to bridge the credit gap and drive inclusive growth. As we continue to build scale and operational excellence, his expertise will be instrumental in guiding Asirvad through its next phase of expansion.”
