Rajiv Sabharwal to be Tata Capital CEO

Sabharwal has over 26 years' experience in the financial sector and was executive director on ICICI Bank's board till January 2017

The $103-billion Tata group has selected Rajiv Sabharwal to be the chief executive officer of Tata Capital and head the group’s retail financial services foray, said sources in the Tata group. Sabharwal, currently a partner with PE firm True North Managers, has over 26 years’ experience in the financial sector and was executive director on ICICI Bank’s board till January 2017. 

When contacted, a Tata Sons spokesperson refused to comment. Tata Sons Chairman N Chandrasekaran is looking at making Tata Capital a retail financial services powerhouse. The group’s financial services business includes retail lending, mutual funds (MFs) and insurance, among others. 

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