Greaves Finance Ltd. appoints P. B. Sunil Kumar as CEO to Accelerate EV Financing

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Greaves Finance Ltd. launched its groundbreaking financial platform called
Greaves Finance Ltd. launched its groundbreaking financial platform called "evfin" a year ago. Bangalore, July 2024: Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., has appointed Mr. P. B. Sunil Kumar as its new Executive Director and Chief Executive Officer, effective July 3, 2024. In this role, P. B. Sunil Kumar will spearhead the company's efforts to offer convenient and tailored financing options for prospective electric two-wheeler buyers and accelerate the adoption of sustainable mobility solutions across the country through evfin. Greaves Finance Ltd. launched its groundbreaking financial platform called "evfin" a year ago. evfin is India's first consumer finance technology platform dedicated to electric mobility and other sustainable solutions, supported by an advanced digital lending suite, innovative assets, and management technology. Mr. P. B. Sunil Kumar has served as an independent director on the board of Greaves Finance Ltd. In a career spanning 25 years, he has worked in diverse sectors like finance, consulting, and healthcare and has held the positions of Director at Taiki Consulting Private Limited and Vice President at GE Capital Services India. His career encompasses a leadership role at ICICI Bank Ltd. He has also worked with Tata Finance Ltd. He serves as an independent director on the board of CDE Asia Ltd., a technology and application provider in the construction industry, and Doctor Sand Ltd. As the Executive Director and CEO of Greaves Finance Limited, Mr. P. B. Sunil Kumar will bring his extensive experience and visionary leadership to drive the company's strategic initiatives and introduce operational efficiencies. Mr. P. B. Sunil Kumar said, "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." Mr. P. B. Sunil Kumar is a Chartered Accountant with a Bachelor of Commerce degree from Badruka College of Commerce and Arts, Telangana. Also read: The future of retail is all about tech-driven personalization and convenience, says Amit Kriplani, CTO at ace turtle Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter  About us: CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK. CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.

Greaves Finance Ltd. launched its groundbreaking financial platform called “evfin” a year ago.

Bangalore, July 2024: Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., has appointed Mr. P. B. Sunil Kumar as its new Executive Director and Chief Executive Officer, effective July 3, 2024. In this role, P. B. Sunil Kumar will spearhead the company’s efforts to offer convenient and tailored financing options for prospective electric two-wheeler buyers and accelerate the adoption of sustainable mobility solutions across the country through evfin.

Greaves Finance Ltd. launched its groundbreaking financial platform called “evfin” a year ago. evfin is India’s first consumer finance technology platform dedicated to electric mobility and other sustainable solutions, supported by an advanced digital lending suite, innovative assets, and management technology.

Mr. P. B. Sunil Kumar has served as an independent director on the board of Greaves Finance Ltd. In a career spanning 25 years, he has worked in diverse sectors like finance, consulting, and healthcare and has held the positions of Director at Taiki Consulting Private Limited and Vice President at GE Capital Services India. His career encompasses a leadership role at ICICI Bank Ltd. He has also worked with Tata Finance Ltd. He serves as an independent director on the board of CDE Asia Ltd., a technology and application provider in the construction industry, and Doctor Sand Ltd.

As the Executive Director and CEO of Greaves Finance Limited, Mr. P. B. Sunil Kumar will bring his extensive experience and visionary leadership to drive the company’s strategic initiatives and introduce operational efficiencies.

Mr. P. B. Sunil Kumar said, “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.”

Mr. P. B. Sunil Kumar is a Chartered Accountant with a Bachelor of Commerce degree from Badruka College of Commerce and Arts, Telangana.

Also readThe future of retail is all about tech-driven personalization and convenience, says Amit Kriplani, CTO at ace turtle

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About us:

CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.

CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.