India, May 12 -- IndoStar Capital Finance Limited announced today that Karthikeyan Srinivasan, the company's Chief Executive Officer, will step down from his role effective 30th May to pursue new career opportunities.
Following his departure, Randhir Singh, currently serving as Executive Vice Chairman, will continue to lead IndoStar as Managing Director and will formally take on the responsibilities previously managed by Mr. Srinivasan.
Commenting on the transition, Naina Krishna Murthy, Chairperson of IndoStar, said:
"We thank Karthik for his contributions to the Company and wish him success in his future endeavors. We look forward to working closely with Randhir and the broader management team to steer IndoStar into its next phase of g...