CHENNAI – Sundaram Finance Limited has signaled a strong commitment to its current growth trajectory by re-appointing Rajiv C. Lochan as Managing Director for a second five-year term.
The decision, cleared by the Board of Directors on February 2, 2026, ensures that Lochan will lead the non-banking financial company (NBFC) through March 31, 2031. The move comes at a time when the firm is looking to consolidate its position in the competitive retail lending and vehicle finance space.
The Lochan Legacy: 2021–2026
Lochan first took the reins on April 1, 2021, succeeding the long-serving T.T. Srinivasaraghavan. Over his first term, he has been credited with modernizing the firm’s digital interfaces while maintaining its hallmark conservative risk-management philosophy.
Professional Pedigree:
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McKinsey & Company: Former Partner with deep expertise in financial services.
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The Hindu Group: Previously served as MD & CEO.
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Experience: Roughly 30 years across global management consulting and Indian corporate leadership.
A Unified C-Suite Strategy
The board’s decision was part of a broader leadership sweep designed to ensure stability across the top tier. Effective April 1, 2026, the following executives will also begin new mandates:
| Executive | Role | New Tenure |
| Rajiv C. Lochan | Managing Director | 5 Years |
| Harsha Viji | Executive Vice Chairman | 5 Years |
| A. N. Raju | Joint Managing Director | 4 Years |
A. N. Raju’s new term includes a significant elevation from Director to Joint Managing Director.
Next Steps: Postal Ballot
While the Nomination, Compensation and Remuneration Committee has given its full backing, the re-appointment now moves to the shareholders for final ratification. This will be conducted via a postal ballot, a standard procedure for a company that prides itself on transparent corporate governance.
Given Sundaram Finance’s steady performance and high credit rating under the current team, market analysts expect a smooth approval process.
