Ans. Shriram Transport Finance Company (STFC), the largest asset financing NBFC in India, announced the election of S. Lakshminarayanan as chairman by the board of directors of the company in the board meeting held at Colombo on 24th January 2015.
About S. Lakshminarayanan:
Lakshminarayanan has been Independent Director of STFC, since September 2009.
Lakshminarayanan, a retired IAS officer, had an illustrious career in the civil services and held several senior positions such as secretary to Government of India, ministry of home affairs.
He has also worked as principal secretary, joint secretary, additional secretary in the various other ministries of Government of India including the department of IT in the ministry of communications, ministry of information and broadcasting.