T T Srinivasaraghavan, Managing Director of Sundaram Finance to step down in March. He is retiring from service after 38 years with the company, the last 18 years as Managing Director. Rajiv Lochan will succeed him.
Under Srinivasaraghavan’s near two-decade tenure as Managing Director, the company has grown its balance sheet from under Rs 800 crore to over Rs 30,000 crore today.
Over the past 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.
S Viji, Chairman, Sundaram Finance said “under his leadership the company