Chennai-based non banking finance company Sundaram Finance Ltd., at its board meeting held on Wednesday announced changes to its management team, starting 1 April 2021. Rajiv Lochan is the new MD.

TT Srinivasaraghavan (File Photo)
Chennai:
TT 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 800 crores to over Rs 30,000 crore on Wednesday. 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.
Conversations