From learning leader to CHRO: Renjith PR’s ascent at Manappuram Group

Renjith PR’s story at Manappuram Group is one of remarkable ascent.  He’s transitioned from architecting learning and development initiatives as chief learning officer (CLO) to leading the entire human resources function as the new chief human resources officer (CHRO) at Manappuram Finance.

“My journey at Manappuram has been exhilarating,” Renjith reflects with enthusiasm. “It’s been a constant pursuit of excellence, driven by a deep commitment to nurturing talent.” From spearheading digital transformations in employee training to meticulously honing skillsets, Renjith highlights the privilege of contributing to the company’s collective growth with each new opportunity.

This isn’t simply a new chapter; it’s the culmination of over 18 years spent navigating the intricacies of the banking, financial services, and insurance (BFSI) sector. Renjith’s expertise is deeply rooted in the industry, honed through notable tenures at Bank of Baroda and his previous stint at Manappuram Finance itself.

He first joined Manappuram Group in 2006 as AGM of HR, laying a strong foundation for his future ascent. This was followed by a successful stint as regional head of HR at Bank of Baroda between 2012 and 2014, further solidifying his leadership capabilities.  In 2014, he returned to Manappuram Finance, this time as general manager of HR & training, where his focus on digital learning initiatives and employee development flourished.  His impressive rise through the ranks speaks volumes about his dedication and strategic vision.

Renjith’s academic background complements his professional journey perfectly. A PG diploma in HR from XLRI Jamshedpur and an MBA in HR from Bangalore University equip him with the theoretical knowledge and practical skills needed to excel in this dynamic role.

Manappuram Finance, the stage for Renjith’s accomplishments, is no ordinary organisation. It’s a leading name in India’s gold loan sector, boasting an impressive network of over 4,199 branches across the nation.  With nearly Rs. 157.65 billion in assets under management (AUM) and a workforce exceeding 20,000 employees, the company is a testament to consistent growth and strategic diversification.  In recent years, Manappuram Finance has ventured beyond gold loans, establishing subsidiaries such as Manappuram Home Finance, Manappuram Insurance Brokers, and Asirvad Microfinance, offering microfinance, vehicle and housing finance, and SME lending services.

As CHRO, Renjith PR now shoulders the responsibility of leading this vast and diverse workforce towards achieving even greater heights.  His experience, coupled with his passion for talent development, positions him perfectly to guide Manappuram Finance’s human capital strategy in the years to come. This is not just a promotion; it’s the beginning of a new chapter where Renjith’s leadership will be instrumental in shaping the future of Manappuram Group.