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S Lakshminarayanan appointed as Chairman of Shriram Transport Finance Co Ltd

The decision to appoint S Lakshminarayanan as Chairman of STFC was taken during a board meeting of the company held at Colombo on 24 January 2015.

Jan 31, 2015 10:02 IST
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S Lakshminarayanan was on 29 January 2015 appointed as Chairman of Shriram Transport Finance Co. Ltd (STFC), India’s largest truck financing company.

The decision to appoint S Lakshminarayanan as Chairman of STFC was taken during a board meeting of the company held at Colombo on 24 January 2015.

Lakshminarayanan is a retired IAS officer. He has been Independent Director of Shriram Transport Finance Co. Ltd since September 2009. During his career in the civil services, he held several senior positions such as Secretary of Union Ministry of Home Affairs.

Shriram Transport Finance Co. Ltd

• Shriram Transport Finance Company Limited is the flagship company of the Shriram Group which has presence in Consumer Finance, Life Insurance, Stock Broking and Distribution businesses.
• Established in 1979, STFC is registered as a Deposit taking Non-Bank Financial Company with Reserve Bank of India under section 45IA of the Reserve Bank of India Act ,1934.
• It has PAN India presence with 719 branch offices. Based at Mumbai, it manages assets over 57000 crore rupees.

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