Sundaram Finance Holdings Limited at its SBM held on March 7, 2020 informed that Paramesh Krishnaier, Chief Executive Officer, has, for personal reasons, indicated his desire to demit office as Chief Executive Officer. His request has been accepted by the Board with effect from the close of business hours on May 18, 2020. In order to meet the requirement of filling the vacancy to be caused by the resignation of Sri Paramesh Krishnaier, the Board of Directors has, at the Meeting held March 7, 2020 appointed Sri S. Ravi as Manager under the Companies Act, 2013, to be designated as Chief Executive Officer of the Company, for a period of 3 years with effect from May 19, 2020. He has over 3 decades of experience in the field of financial services, business process outsourcing and related areas, including 9 years in the Sundaram Finance Group since 2011.