After successfully leading TVS Credit Services Limited for
the last 10 years, Mr G Venkatraman will retire as the Director and CEO on 31 st August
2022.

Chennai, 10 th August 2022: After successfully leading TVS Credit Services Limited for
the last 10 years, Mr G Venkatraman will retire as the Director and CEO on 31 st August

  1. He will be succeeded by Mr Ashish Sapra as CEO, who will join the organization in
    the first week of September 2022.
    Mr. Sudarshan Venu, Director, TVS Credit Services Limited, said, “Over the last
    few years, TVS Credit has really done well to grow in a fast and profitable way. In a
    short time, the Company has grown to an AUM of Rs. 15,000+ Cr with a healthy balance
    sheet. I am thankful to Venkat for his leadership combined with passion and prudence.
    For the next phase, our focus will be on increased digitization, newer customer
    acquisition, and rapid growth. Ashish comes with the relevant experience and track
    record, and I am confident that under his leadership, TVS Credit will scale new heights
    and grow multi-fold.”
    Mr Ashish Sapra comes with 25+ years of professional work experience and has worked
    across a wide array of financial products including retail assets, insurance, cards, wealth
    management and brings strong expertise in cross sell. Prior to joining TVS Credit, he was
    associated with the Bajaj Group for 14+ years across their Housing Finance, General
    Insurance, and NBFC businesses. He brings the experience of P&L management, driving
    digital and technology initiatives, efficiently managing senior stakeholders, launching,
    and turning around businesses to optimize profitability. He has also worked with
    American Express, HSBC, and Standard Chartered Bank.

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