SBFC Finance Limited is navigating a leadership transition that sits at the heart of its growth story. In a concise board decision, the company announced the resignation of Narayan Barasia from the role of Chief Financial Officer to pursue an entrepreneurial path, effective at the close of business on July 15, 2026. The board expressed appreciation for Barasia’s contributions during his tenure, signaling a graceful close to a chapter in SBFC’s finance leadership.
Stepping into the breach is Sanket Agrawal, who has been elevated to Chief Financial Officer and Key Managerial Personnel, effective July 16, 2026. Agrawal currently serves as Chief Strategy Officer and Head of Investor Relations at SBFC, and his appointment comes on the recommen-dation of the Nomination and Remuneration Committee and the Audit Committee. This internal move underscores SBFC’s emphasis on continuity and leveraging insider experience as the company advances its strategic agenda.
Agrawal’s track record at SBFC spans more than 13 years across Big Four audit and advisory work and executive leadership within the firm. He has steered financial planning, budgeting and performance optimization, led investor relations across global markets, and driven SBFC’s digital transformation and analytics agenda. Notably, he established the internal audit function, implemented risk-based audit frameworks, and guided the company’s governance evolution from startup toward listed-company standards. His broader background with Deloitte and his Harvard Business School education are cited in company materials as the backbone of a mandate to scale SBFC with disciplined governance and vigorous financial stewardship.
The leadership change arrives at a moment when SBFC is formalizing governance practices in line with larger market expectations. By promoting from within, the company signals a commitment to a cohesive, long-term vision where financial strategy, stakeholder communications and operational discipline are tightly aligned with growth ambitions.