Effective September 1, 2024, Subhasri has been appointed as the Managing Director and CEO of Shriram Capital Private Ltd., the holding company of the Shriram Group.
Background and Experience: Subhasri, currently serving as the Joint Managing Director, will transition into her new role with the aim of propelling the company to new heights. Her career with the Shriram Group began in 1991 as an Officer in the NBFC sector, and she has been instrumental in the company’s growth and expansion, according to the company’s release.
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Qualifications: A fellow member of the Institute of Company Secretaries of India and the Institute of Cost & Works Accountants of India, Subhasri previously held positions as the Executive Director and CFO of Shriram City Union Finance (now Shriram Finance) and as Joint MD of Shriram Capital (P) Ltd.
Board’s Confidence: The Board of Directors believes that Subhasri’s extensive experience and thorough understanding of the financial sector will be crucial in guiding the company through the changing market dynamics.
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“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.
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“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.
Conclusion
In conclusion, Subhasri’s appointment as Managing Director and CEO of Shriram Capital Private Ltd. marks a significant milestone for the company. With a rich history with the Shriram Group and a proven track record in the financial sector, Subhasri is poised to lead the company through its next phase of growth and innovation. Her deep expertise and strategic vision will undoubtedly be instrumental in navigating the evolving market landscape, reinforcing the Board’s confidence in her ability to drive Shriram Capital towards continued success.
