Avasara Finance Limited has announced a significant change to its Board, appointing Mr. Vinu Mammen as a Whole-Time Director and Key Managerial Personnel.

Mr. Mammen brings over 27 years of extensive experience in wealth management and the financial industry, including expertise in fund raising and asset monetization.

His appointment is for a five-year term, subject to shareholder approval.

This move strengthens the company's leadership with a seasoned professional, which could be a positive step for its operational strategies and stakeholder value.