IndoStar proposes Randhir Singh’s appointment as Whole-Time Director with the title of Executive Vice Chairman to the company’s members.

IndoStar Capital Finance Limited has proposed the appointment of Randhir Singh as the Whole-Time Director, serving as the Executive Vice Chairman of the company. Singh, previously the Joint CEO of APAC Financial, brings nearly three decades of experience in the financial services sector, having held key positions at Citibank, Deutsche Bank, and Edelweiss Financial Services. His role will involve collaborating with the management team to implement growth strategies and enhance value at IndoStar. The appointment is contingent upon shareholder approval, following which Singh will assume his position. Bobby Parikh, Chairman of IndoStar, expressed anticipation for Singh’s contribution to the company’s strategic objectives, particularly in expanding its presence in essential retail and secured asset sectors. Singh himself expressed enthusiasm for joining IndoStar during a pivotal phase of its development, emphasizing the company’s positive trajectory. Karthikeyan Srinivasan, CEO of IndoStar, echoed these sentiments, extending a warm welcome to Singh and affirming their commitment to advancing the company’s strategic goals together.