R Sridhar appointed MD & CEO of Shriram Capital
26 Mar 2012
Shriram Capital has announced the appointment of R Sridhar as managing director and chief executive officer Limited with effect from 1 April 2012, and will be based in Chennai.
Sridhar is currently managing director, Shriram Transport Finance Company Limited, where he will relinquish charge from 31 March 2012. He had joined the company in 1985 and has been managing director since 2000.
He will continue to serve on the board of directors of Shriram Transport Finance Company as a nominee of Shriram Group.
Shriram Capital is the apex holding company for the financial services entities in the Shriram group, in which the Shriram Ownership Trust holds 85-per cent stake and the balance 15 per cent is held by the private equity major Texas Pacific Group.
Sridhar holds a bachelor's degree in Science and is a fellow member of the Institute of Chartered Accountants of India.
He has over 25 years of experience in the financial services sector, especially in commercial vehicle financing.