TVS Credit has confirmed appointment of Ashish Sapra as its new CEO, effective September 1. Sapra will succeed G Venkatraman who is set to retire on August 31, 2022. Venkatraman served TVS Credit Services Limited for 10 years.

Sapra with more than 25 years of professional work experience has worked across a wide array of financial products including retail assets, insurance, cards, wealth management and brings strong expertise in cross sell. 

Prior to joining TVS Credit, Sapra was associated with the Bajaj Group for more than 14 years across their Housing Finance, General Insurance, and NBFC businesses. 

He brings the experience of P&L management, driving digital and technology initiatives, efficiently managing senior stakeholders, launching, and turning around businesses to optimize profitability. In addition to Bajaj Group, Sapra worked with American Express and Crosssell. He holds Advance Management Program, INSEAD Fontainebleau.

“Ashish comes with the relevant experience and track record, and I am confident that under his leadership, TVS Credit will scale new heights and grow multi-fold,” said Sudarshan Venu, Director, TVS Credit Services Limited.

According to Venu, TVS Credit Services will focus more on increased digitisation, newer customer acquisition, and rapid growth under the new leadership.