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<h1>Spandana Sphoorty appoints K. Venkatesh as MD & CEO to drive microfinance growth and deepen rural financial inclusion.</h1> Spandana Sphoorty appointed K. Venkatesh as Managing Director and Chief Executive Officer, ending the interim CEO arrangement and returning the interim executive to the role of President and Chief Financial Officer; this leadership change is aligned with the company's strategic emphasis on microfinance, retail lending and rural markets, and is supported by the promoter's reaffirmed financial commitment, including participation in the recent rights issue.