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H P Singh and Roy Varghese Elected as New Members on Board of Sa-Dhan

The RBI-recognised microfinance body reconstituted its board after elections at its AGM on June 19

H P Singh and Roy Varghese Elected as New Members on Board of Sa-Dhan
  • H P Singh of Satin Creditcare Network and Roy Varghese of Asirvad Micro Finance were elected as new board members.

  • Sa-Dhan approved its financial statements for 2025-26 and budget for 2026-27 at the AGM.

  • K Paul Thomas of ESAF Small Finance Bank was named chairperson of the reconstituted board.

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H P Singh, Chairman and Managing Director of Satin Creditcare Network Ltd, and Roy Varghese, CEO of Asirvad Micro Finance Ltd, have been elected as new members of the board Sa-Dhan.

Sa-Dhan, an RBI recognised Self-Regulatory Organisation (SRO) for microfinance and impact finance institutions, said the election took place at its AGM held on June 19.

The AGM approved the financial statements for 2025-26 and the budget for 2026-27, Sa-Dhan said in a statement on Saturday.

Following the elections, the board was reconstituted with K Paul Thomas, Managing Director and Chief Executive Officer of ESAF Small Finance Bank, as chairperson, it said.