Shriram Capital appoints new chairman, MD

Shriram Group, which holds assets under management of around Rs 40,000 crore and a diversified financial services entity, on Thursday announced that its flagship company for its financial services and insurance ventures Shriram Capital Ltd (SCL) has inducted two directors Arun Duggal as the chairman and GS Sundararajan as managing director. With their vast experience in the financial services industry, Duggal and Sundararajan are expected to strengthen the company s future growth prospects, diversification, increasing depth and managing risks better which would help create and increase wealth on a sustainable basis to the stakeholders, said R Thyagarajan, founder of Shriram Group. ...

More...