Asirvad Micro Finance, a subsidiary of Manappuram Finance, has appointed GD Manoj Pasangha as its managing director and chief executive following Reserve Bank of India (RBI’s) approval. Pasangha joined Asirvad as co-CEO in October 2025. Since then, the company has returned to profitability, reporting a profit after tax of ₹21 crore in the first quarter of FY27. Before joining Asirvad, he was president and deputy CEO of IIFL Samasta Finance.