Shriram Group creates Board of Management

Shriram Group on Tuesday created a Board of Management (BoM) to define the long-term vision and strategy of the group. The financial services company said the group had inducted four senior members to

Shriram Group on Tuesday created a Board of Management (BoM) to define the long-term vision and strategy of the group. The financial services company said the group had inducted four senior members to the BoM and R. Thyagarajan would mentor the BoM of Shriram Ownership Trust. The BoM will be responsible for defining the long-term strategy of the individual entities and the group and overseeing its execution.

“In my various interactions, I have reiterated that one individual cannot manage a large group like ours. It requires a set of individuals with varied skills who can collaborate to drive the group’s vision and strategy,” Mr. Thyagarajan said.

“In line with my conviction, a leadership team will oversee SOT’s interest, as the promoter of the Shriram Group has been constituted,” he said.