Arka Fincap Limited, a prominent financial services company, has announced the appointment of Samrat Gupta as its new Managing Director (MD).
This significant development comes into effect from October 23, 2024. Samrat brings with him a wealth of experience.
Having previously served as the Managing Director & CEO at Tata Motors Finance Limited (TMF), he played a pivotal role in driving strategic growth and enhancing shareholder value.
Welcoming Arka Fincap New MD Samrat Gupta
Non-Executive, Non-Independent Director Gauri Kirloskar shared her enthusiasm about Samrat’s appointment.
“Samrat brings a wealth of diverse experience from working with different organizations,” she said.
“His proven track record of building great institutions aligns perfectly with our vision.”
Arka Fincap looks forward to leveraging Samrat’s expertise to achieve even greater heights.
Speaking about the leadership transition, Vimal Bhandari, outgoing CEO, expressed confidence in Samrat’s ability to lead Arka Fincap into its next phase of growth.
“We have successfully built a great organization over the last six years, with a strong track record,” he stated.
“I am sure that Samrat will be the right leader to take the company forward.”
His words reflect the continuity of Arka Fincap’s commitment to delivering value to stakeholders and maintaining a long-term perspective.
Transition of Leadership
In his previous role at TMF, Samrat Gupta demonstrated exceptional leadership, steering the organization toward remarkable growth.
Under his guidance, TMF achieved significant milestones, emphasizing strategic focus and operational excellence.
Now, as he assumes the mantle of Managing Director at Arka Fincap, the company anticipates continued success and expansion.
The outgoing CEO of Arka Fincap, Vimal Bhandari, has been instrumental in shaping the company over the past six years.
His contributions have been invaluable, and the organization owes much of its success to his vision and dedication.
As Vimal transitions from his executive role to a non-executive position on the company’s board, he leaves behind a legacy of strong fundamentals and sustainable growth.
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