Shriram Finance Limited at its meeting held on October 31, 2025, approved re-designation of Mr. Parag Sharma, Managing Director & CFO of the Company as Managing Director & Chief Executive Officer with effect from December 5, 2025, upon completion of tenure of Mr. Y. S. Chakravarti (DIN 00052308) as a Managing Director & CEO of the Company on December 4, 2025. Mr. Parag Sharma, aged 56 years is a commerce graduate from Delhi University as well as a graduate from the Institute of Cost and Works Accountants of India (ICWA). He has been working with Shriram Group for more than three decades and rose to the position of Managing Director & CFO with effect from June 1, 2024.
Throughout his career, he has consistently demonstrated outstanding performance. He has been assisting the Executive Vice Chairman and Managing Director & CEO in steering the business performance, profitability, enhancing credit rating and savings through smart treasury initiatives, growing new businesses, etc in addition to playing a significant role in successfully mobilising funds required for growth of business of the Company in cost effective manner. He has developed and nurtured team of high performing, loyal and result-oriented pipeline of leaders/senior managers in the Finance and Treasury Departments as a part of succession planning process.
