Leading asset financing company appoints renowned financial expert as its CEO

Shriram Equipment Finance Company Limited (SEFCL) in one of the most spectacular recent developments in the corporate world, has proudly appointed Mr.Pratap Paode as the Chief Executive Officer (CEO) . Mr.Paode brings with him 20 years of rich experience in Sales & Marketing in the Financial Services and Heavy Engineering industries.
Mr.Paode has a strong track record of planning with distinctive abilities in establishing market presence, escalating revenues and profitability. He has had a long association of 8 years with Citicorp Finance (I) Ltd., and grew to the position of the Vice President & National Sales Head, handling equipment finance. Most recently, he served as the National Business Head and Sr. Vice President of Magma Fincorp Limited, handling Construction Equipment, Commercial Vehicle, car & SME business loan finance.
Shriram Equipment Finance Company Limited (SEFCL), headquartered in Mumbai, is a wholly owned subsidiary of Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFC in the country. Shriram Equipment Finance aims to empower small and medium contractors in the infrastructure space by financing new and pre-owned construction related equipments. Mr.Paode’s appointment as the CEO & his precious acumen in the financial sphere combined with the acclaim of SEFCL is likely to propel the company furthermore into greater lengths on the path of prosperity.

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