FIDC Announces Appointment Of Umesh Revankar As Chairman

In a meeting convened in Mumbai, the managing committee of the Finance Industry Development Council (FIDC) has appointed Mr. Umesh Revankar, who presently serves as the Executive Vice Chairman for Shriram Finance Limited, as the new Chairman of FIDC. This decision comes in recognition of Revankar’s extensive experience and profound expertise in the financial services sector.

New Leadership for FIDC

Umesh Revankar’s is set to take on this role for a two-year term, beginning on the 23rd of August, 2023. With decades of experience in the financial services industry, Revankar is poised to steer FIDC towards a new era of progress and advancement.

An Illustrious Career

Umesh Revankar’s journey in the financial services industry spans over 35 years, starting as an executive trainee with Shriram Group in 1987. Through the years, he has climbed the corporate ladder, taking on various responsibilities and key leadership positions in business operations. His impactful contributions have been pivotal in establishing Shriram Transport Finance as India’s largest commercial vehicle financer.

Diverse Roles and Achievements of Revankar Beyond Shriram Finance Limited

Apart from his significant contributions to Shriram Finance Limited, Revankar is also a Director for multiple companies within the Shriram Group. These include Shriram Automall India Limited, Shriram General Insurance, and Shriram Life Insurance. His educational background is equally impressive, holding a Master of Business Administration (MBA) in finance from Mangalore University. He has further honed his skills by participating in an Advanced Management Programme at Harvard Business School.

Kamlesh Gandhi and K.V. Srinivasan Join as Co-chairmen of FIDC

To complement Umesh Revankar’s leadership, Kamlesh Gandhi, CMD of MAS Financial Services Limited, and K.V. Srinivasan, CEO and WTD of Profectus Capital Private Limited, have been appointed as Co-chairmen of FIDC. This collaborative approach to leadership is expected to further enhance FIDC’s effectiveness in driving growth and innovation within the financial services industry.

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