Sundaram Finance Ltd appoints Rajiv Lochan as next Managing Director
Posted On:
2021-01-20 20:39:43
(Time Zone: Arizona, USA)
Chennai headquartered Non Banking Finance Company Sundaram Finance Ltd., at its board meeting held today announced changes to its management team, starting 1 April 2021.
T.T. Srinivasaraghavan, Managing Director of Sundaram Finance, completes his term of office on 31 March 2021, and is retiring from service after 38 years with the company, the last 18 years as Managing Director. Under Srinivasaraghavan's tenure as Managing Director, the company has grown its balance sheet from under Rs. 800crores to over Rs. 30,000crores today. Over the last two decades, Srinivasaraghavan also led the diversification of the group from its traditional focus on medium and heavy commercial vehicles to a multi-product diversified financial services provider.