SKS Microfinance Chairman Vikram Akula resigns
The founder and chairman of embattled microlender SKS Finance, Vikram Akula, has resigned his post after 14 years at the firm. It comes as the publicly listed lender looks to recoup costs amid an increasingly difficult business environment.
Akula's decision is said to have been voluntary, and he will remain at the company as a consultant until March 2012 while independent board member P.H. Ravikumar, formerly CEO of India's National Commodity...
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