Mumbai: Indel Money, a gold-loan non-banking financial company (NBFC), has announced the appointment of Vinod Panicker as its Chief Financial Officer (CFO), effective April 29, 2026.
In his new role, Panicker will oversee the company’s overall financial strategy, capital management, and governance framework, supporting Indel Money’s next phase of growth and expansion.
A seasoned Chartered Accountant with over 38 years of cross-sector experience, Panicker brings extensive expertise across NBFCs, media & entertainment, and FMCG sectors. Over the course of his career, he has led key financial functions including large-scale fund-raising, business restructuring, financial strategy, audit, internal controls, and governance frameworks.
He has also worked closely with boards, investors, lenders, rating agencies, and regulators, helping build strong stakeholder relationships while driving long-term value creation.
Commenting on the appointment, Umesh Mohanan, Executive Director & CEO of Indel Money, said, “We are delighted to welcome Mr Vinod Panicker as our Chief Financial Officer. His diverse, cross-sector experience, particularly his leadership roles at NBFCs, offers us valuable perspective as we constantly endeavour to expand our operations and horizons. His strong financial acumen and deep understanding of capital markets, fund-raising strategies and risk management will further strengthen our ability to scale up responsibly and sustainably.”
Vinod Panicker, CFO, said, “It’s a privilege to join Indel Money as CFO, as the NBFC is a leading player in the gold loan segment. I am equally delighted to work closely with a board that has vision, foresight and vibrant strategies to expand further into newer markets and territories.”
