Greaves Finance, a wholly owned subsidiary of Greaves Cotton, has appointed PB Sunil Kumar as its new Executive Director & Chief Executive Officer, effective July 3, 2024. In this role, PB Sunil Kumar will spearhead the company’s efforts to offer convenient and tailored financing options for prospective electric two-wheeler buyers for the company’s financial platform, evfin.
Kumar has served as an independent director on the board of Greaves Finance. In a career spanning 25 years, he has worked in diverse sectors like finance, consulting, and healthcare, and has held the positions of Director at Taiki Consulting Private Limited and Vice President at GE Capital Services India.
His career encompasses leadership role at ICICI Bank. He has also worked with Tata Finance. He serves as an independent director on the board of CDE Asia, a technology and application provider in the construction industry, and Doctor Sand.
PB Sunil Kumar said, “India is witnessing unprecedented EV adoption facilitated by rapid infrastructure growth, a favourable regulatory framework, and mass consumer awareness. I am honoured to take on the role of CEO at Greaves Finance Ltd., a company dedicated to delivering tailored financing solutions for electric two-wheelers. I look forward to contributing to the catalysis of EV adoption in India and steering the industry towards democratising the EV experience.”
