Management Team

Guiding Maben Nidhi towards excellence since 1993 with visionary leadership and profound industry expertise.

Mr. Josekutty V E

Mr. Josekutty V E    ICLS (Retd.)

Chairman (Non-Executive Independent)
Mr. Josekutty V E, retired Registrar of Companies, holds a master’s degree in commerce from Mahatma Gandhi University, Kerala and has passed the intermediate examination of the Company Secretary course from ICSI. With an impressive 34-year career in corporate law, he has served in a range of significant roles, including Assistant Registrar of Companies, Deputy Registrar of Companies, and Registrar of Companies across various states. He was a member of the Indian Corporate Law Service (ICLS) with 17 years of professional experience in Group A Services of the Government of India. His expertise extends to his contributions as a Nominated Member of the Executive Committee of the Institute of Company Secretaries of India (ICSI), Hyderabad, and as a Member of the Corporate Laws, Insolvency and Bankruptcy Code (IBC), and Alternative Dispute Resolution (ADR) Committee of the Federation of Telangana Chambers of Commerce and Industry (FTCCI), Hyderabad. Mr. Josekutty also served as Joint Director in the Ministry of Corporate Affairs, where he gained extensive experience overseeing the functions of Registrars of Companies (ROCs) and Official Liquidators in multiple states. Additionally, he has been a valuable member of several committees established by the Ministry of Corporate Affairs, addressing critical issues related to the Companies Act, 2013 and has served as a Special Invitee to the Standing Committee of the Ministry.
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Mr. V S Prasannan

Mr. V S Prasannan

Managing Director
Mr. V.S. Prasannan, a Civil Engineer (Bachelor of Engineering) by profession, served in the Central Public Works Department for more than 38 years at various locations across the country and in Nepal. He was the Managing Director of Manappuram Asset Finance Limited from August 2015 to September 2025. He has over three decades of rich experience and a wide range of knowledge in the Non-Banking Financial Companies (NBFC) sector. He was appointed as the Managing Director of the company at the 32nd Annual General Meeting held on 29th September 2025.
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Mr. Remesh Kumar Kuruppath

Mr. Remesh Kumar Kuruppath

Non-Executive Director
Mr. Remesh Kumar Kuruppath holds a Bachelors’ Degree in Technology (Electronics & Communication Engineering) from College of Engineering, Trivandrum; Master of Technology in Computer Engineering from Indian Institute of Technology, Kharagpur and Master of Business Administration, Marketing & Finance from University of California, USA. Mr. Remesh started his career with Tata Consultancy Services in Pune as an Assistant Systems Analyst. Thereafter, he worked as a Systems Analyst for Online Resources, in Orlando, Florida, USA and as a Senior Software Engineer in DST Output in California, USA. Presently, he is Director & CEO of Netvarth Technologies Pvt Ltd. in Kerala.
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Adv. N K Unnikrishnan

Adv. N K Unnikrishnan

Independent Director
Adv. N K Unnikrishnan, is a prominent member of the Thrissur Bar Association and one of the leading Criminal Lawyers in Kerala. With an impressive 41 years of experience as an Advocate, he brings a wealth of expertise across various legal domains, including Corporate Law, Finance, Banking, and Labur Law. He holds Bachelor’s Degrees in Arts and Law and has notably served as a Legal Adviser to the State Bank of India (SBI). His extensive career, underscores his profound expertise in the legal field. In recognition of merits, the Government of Kerala has appointed him Special Prosecutor in various murder cases and he has succeeded in ensuring maximum punishment in cases which are already disposed.
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CA. N V Mahadevan

CA. N V Mahadevan

Independent Director
CA. Nurani Venkataraman Mahadevan is a fellow member of the Institute of Chartered Accountants of India, and also qualified the Inter and Final (Group 1) of the Company Secretary course. He holds Bachelor’s Degree in Commerce, from St. Thomas College, Thrissur. He is presently a partner in the firm M/s. Mahadevan & Hari Chartered Accountants at Thrissur and M/s. Mahadevan & Sivarajan Associates Bahrain.
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Mrs. Devi Deepkumar

Mrs. Devi Deepkumar

Non-Executive Director
Mrs. Devi Deepkumar is an engineer by qualification holding an M.Tech in Quality Management and an MBA in Finance. She is an experienced senior executive with over 19 years of industry exposure, including 12 years in leadership roles across sectors such as construction, infrastructure, quality systems and corporate governance. She previously held the position of Chief Manager at Manappuram Finance Ltd. and currently serves as the Managing Director of Manappuram Construction and Consultants Ltd. She is also a Director on the board of Ridhvi Constructions and Interiors Private Limited and AIBOT Technologies Private Limited. She was appointed as a Non-Executive Director of the company at the 32nd Annual General Meeting held on 29th September 2025.
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CA. Besto Joseph

CA. Besto Joseph

Chief Executive Officer
CA. Besto Joseph is the Chief Executive Officer of MABEN Nidhi Ltd. He has been with the Company from 2017 as Chief Financial Officer. He is an Associate Member of the Institute of Chartered Accountants of India and obtained Bachelor’s Degree in Commerce from Mahatma Gandhi University. He has over six years of experience in Banking Industry. He has handled Corporate Credit and Risk Management Departments with the South Indian Bank Limited from 2011 to 2017. He was a part of IFRS Implementation Committee in the South Indian Bank.
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CA. Lithin P L

CA. Lithin P L

Chief Financial Officer
CA. Lithin P L is the Chief Financial Officer of MABEN Nidhi Ltd. He started working for the company in 2024 as the Chief Financial Officer. He is an Associate Member of the Institute of Chartered Accountants of India and holds a Bachelor’s Degree in Commerce from Indira Gandhi National Open University. His expertise includes Direct & Indirect Taxation, Statutory Audit, Tax Audit, Bank Audit, NBFC Audit Account Payables and Receivables, Payroll Management.
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CS. Anoop P

CS. Anoop P

Company Secretary
CS. Anoop P is a Fellow Member of the Institute of Company Secretaries of India (ICSI). He holds Degrees in Commerce and Law, as well as an MBA in Finance. He started his career as a practicing Lawyer in Thrissur. He also holds a Post Graduate Diploma in Goods and Service Tax from the Gulati Institute of Finance and Taxation. He has been with the company since 2013.
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