Bajaj Auto president K Srinivas joins Wadhawan Global Capital
Back in April 2014, President of the motorcycle business at Bajaj Auto K Srinivas moved on to a non-automotive company. His appointment with, Rajesh Wadhawan Group (parent group of DHFL) is now announced.
As a long serving Bajaj Auto Management Committee member, he’s made substantial contribution to Bajaj in varied capacities including HR Head, Head of Retail Finance, and as head of the Motorcycle Business.
Rajesh Wadhawan Group buiness include financial services, real estate, hospitality and hotels & resorts businesses. K Srinivas has joined as Member – People and Leadership of Wadhawan Global Capital.
Formed earlier this month, Wadhawan Global Capital is the holding company of all Rajesh Wadhawan Group’s investments in financial services, including private housing finance Company DHFL, a majority stake in DHFL Pramerica amongst others. Wadhawan Global Capital’ Group Management Centre (GMC) has been created to to enhance and expand group businesses. GMC recently appointed Mr. Ravishankar, former CFO and acting CEO of Jet Airways, Mr. Milind Sarwate, former group CFO of Marico and M Suresh, former Managing Director, Tata AIA.
Mr. Srinivas said, “I feel that my skill in small ticket consumer loan and the motorcycle business can add value to the group, which focuses on financial services targeted at the LMI segment. It’s a very powerful differentiation strategy and I am excited to be a part of the GMC.”