OFSS Names Morawski to Board as Padalkar Exits; Ketkar to Lead as MD & CEO with Bhandari as CFO

Oracle Financial Services Software Limited announced a leadership reshuffle that spans both the boardroom and the executive suite. The board appointed Andrew Mark Morawski as an Additional Director, a Non-Executive, Non-Independent role effective July 22, 2026, subject to shareholder approval. Morawski, currently Executive Vice President of Global Programs at Oracle, brings a global-growth perspective to OFSS as it positions its strategy for the years ahead. In parallel, the company confirmed the resignation of Makarand Padalkar, the Managing Director and Chief Executive Officer, who will step down at the close of July 23, 2026, with a handover period planned to ensure a smooth transition. The board also expressed its appreciation for Padalkar’s contributions to OFSS’s trajectory under his leadership.