Jul 4: The Board of Directors of Capri Global Capital Ltd (CGCL), a Non-Banking Finance Company (NBFC), has approved the appointment of Rajesh Sharma, who has been a promoter of the company since 2007, as the Managing Director of the company for a period of five years with effect from July 4, 2018. The appointment is subject to shareholders’ approval.
According to the company, Sharma is a chartered accountant by qualification and has experience in corporate finance, investment banking, merchant banking and asset financing.
Speaking on the occasion, Rajesh Sharma, said, “I see strong growth ahead for the Non-Banking Financial companies. India is going through a revolution, as government is driving financial inclusion of large marginalized society, creating space for specialized entities. The void created due to the ongoing turmoil in the Indian Banking space adds to the growth potential. I believe Capri Global is strategically positioned to capitalize on this great opportunity. My focus will be on providing a cost-effective value proposition to our customers.”