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New Delhi, November 22, 2010
Shriram Automall India Limited, a subsidiary of Shriram Transport Finance Co. Ltd, today said Mr. Sameer Malhotra had been appointed as its Chief Executive Officer.
Mr. Malhotra has experience of over 20 years in the infrastructure and construction equipment industry. Prior to this, he was working as the country manager of Ritchie Bros, the world’s largest auctioneer of used and unused industrial equipment.
Shriram Transport Finance Company Limited is the flagship company of the Shriram group, which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking, and Distribution businesses.
Incorporated in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has 487 branch offices in India. Based in Mumbai, it manages assets over Rs 30,000 crores and has a customer base exceeding 7,00,000, the release added.