Greaves Finance Limited has appointed P. B. Sunil Kumar as its new Executive Director and Chief Executive Officer, effective 03 July 2024. In his new role, Kumar will lead the company's mission to provide tailored financing options for electric two-wheeler buyers and accelerate the adoption of sustainable mobility solutions across India through its innovative platform, evfin.
evfin features an advanced digital lending suite and innovative asset management technology, setting a new standard in the sector. Greaves Finance Ltd aims to leverage this platform to make electric vehicle (EV) financing more accessible and convenient for consumers.
P. B. Sunil Kumar brings a wealth of experience to his new position, having served as an independent director on the board of Greaves Finance Ltd. His 25-year career spans various sectors, including finance, consulting, and healthcare. Kumar has held significant roles such as Director at Taiki Consulting Private Limited, Vice President at GE Capital Services India, and leadership positions at ICICI Bank Ltd and Tata Finance Ltd. He also serves as an independent director on the boards of CDE Asia Ltd, a technology and application provider in the construction industry, and Doctor Sand Ltd.
Commenting on his new role, P. B. Sunil Kumar stated, 'India is witnessing unprecedented EV adoption facilitated by rapid infrastructure growth, a favourable regulatory framework, and mass consumer awareness. I am honoured to take on the role of CEO at Greaves Finance Ltd., a company dedicated to delivering tailored financing solutions for electric two-wheelers. I look forward to contributing to the catalysis of EV adoption in India and steering the industry towards democratising the EV experience.'
P. B. Sunil Kumar is a Chartered Accountant and holds a Bachelor of Commerce degree from Badruka College of Commerce and Arts, Telangana.
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