Key appointment in Shriram Capital; Subhasri Appointed as Managing Director & CEO
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Shriram Capital Private Ltd., the holding company of the Shriram Group-- among India's largest financial services Group, is pleased to announce the appointment of Subhasri as its Managing Director and CEO, effective September 1, 2024.
Subhasri, who has been serving as the Joint Managing Director, will take over the new role with a vision to drive the company towards greater heights of success. Her journey with Shriram Group began in 1991 as an Officer in the NBFC business, and over the years, Subhasri has played a pivotal role in the company's growth and expansion.
She is a fellow member of Institute of Company Secretaries of India and Institute of Cost & Works Accountants of India. In her earlier roles, she was the executive director and CFO of Shriram City Union Finance (now Shriram Finance) and joint MD of Shriram Capital (P) Ltd.
The Board of Directors is confident that Subhasri's extensive experience and deep understanding of the financial sector will be invaluable in navigating the company through the evolving market landscape.
"We are delighted to elevate Subhasri as the new MD and CEO of Shriram Capital. Her dedication and cross functional understanding of the Group have been instrumental in shaping the success of our group," said DV Ravi, executive vice chairman of Shriram Capital.
Subhasri's appointment is a testament to Shriram Capital's commitment to nurturing talent and promoting from within. The company looks forward to a new era of innovation and growth under her leadership, he said.
"I am deeply honoured by the trust placed in me to lead Shriram Capital as the Managing Director and CEO. This role is a testament to the Group's faith in my ability to steer our collective future. I am excited to continue my Shriram journey, building on our rich legacy while driving innovation and growth. Together, with the support of our talented colleagues in the Group, I am confident that we will achieve new milestones and continue to serve our customers with excellence,” said Subhasri.
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