Fusion Finance Appoints Sushil Kumar Menon as New CIO, Sanjay Mahajan Resigns
Fusion Finance Limited's Board approved the appointment of Sushil Kumar Menon as Chief Information Officer and Sanjay Mahajan's resignation as CIO, both effective March 20, 2026. Mr. Menon will also continue as CISO temporarily. He has been with the company since April 2024.
The change in Chief Information Officer is a management transition. While important for internal operations, it is unlikely to have a significant immediate impact on the company's financial performance or market position.
The announcement details routine management changes, including a resignation and an appointment, which are standard corporate events and do not inherently suggest a positive or negative shift in the company's outlook.
Fusion Finance Limited announced key changes in its leadership team following a Board of Directors meeting held on March 20, 2026. The Board accepted the resignation of Mr. Sanjay Mahajan from the position of Chief Information Officer, effective March 20, 2026.
Concurrently, based on the recommendations of the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Sushil Kumar Menon as the new Chief Information Officer and designated him as Senior Managerial Personnel, also effective March 20, 2026. Mr. Menon, who has been with Fusion Finance Limited since April 8, 2024, as Chief Information Security Officer (CISO), will continue to hold his CISO position for an interim period in addition to his new role as CIO.
The Board meeting commenced at 6:25 PM IST and concluded at 6:55 PM IST. Mr. Menon is not related to any Director, Key Managerial Personnel, or Senior Managerial Personnel of the Company. He brings over 27 years of experience in IT strategy, information security, and digital transformation, having previously held leadership roles at various reputed organizations.
What to do with a filing like this
Fusion Finance Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Fusion Finance Limited. Read the original for the full detail.