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  • Tuesday, April, 2024| Today's Market | Current Time: 01:57:41
  •  Mumbai/Chennai: TVS Capital Funds, a leading rupee capital growth PE fund manager, has appointed Ramesh Iyer as a Board Member.  Iyer will be a valuable addition to the TVS Capital Funds board.

    As the Vice-Chairman and MD of Mahindra Finance, Iyer’s primary responsibility has been to promote inclusive growth and foster rural prosperity. Since 1994, he has played a crucial role in transforming Mahindra Finance into one of India’s premier rural finance institutions. His extensive experience proves invaluable when overseeing a workforce of more than 30,000 individuals stationed across 1,400 branches nationwide.

    Iyer is member of various industry bodies for financial services like FIDC, CII (Financial Services), Chamber of Commerce etc. He has a deep association across entities within the Mahindra Group and is a member of the boards of Mahindra First Choice, insurance broking, Agri solutions and rural housing within the Group. He is also the President – Financial Services Sector & Member of Group Executive Board of Mahindra & Mahindra Ltd.

    Commenting on Ramesh Iyer’s appointment, Gopal Srinivasan, Chairman and Managing Director, TVS Capital Funds, said, “Ramesh Iyer brings a wealth of experience in financial services providing credit across sectors and promoting the core values of inclusivity within organisations. We are delighted to have him as one of our board members, his strategic acumen will be instrumental in guiding our growth. Financial services is a sector we have a deep presence in and this sector focus has helped us generate attractive alpha for our client partners. Ramesh’s deep insights into the financial services space will further help us deepen our investing in the sector. As we look ahead in our mission of empowering next-gen entrepreneurs, and thereby deepening the pools of rupee capital supporting the country, we look forward to the valuable contributions Ramesh will bring to our Board in this journey.”

    Ramesh Iyer, Board Member, TVS Capital Funds, said, “I am honoured to join the esteemed Board at TVS Capital Funds and look forward to the opportunity to contribute to the organisation’s mission. TVS Capital Funds has a well-established track record of supporting entrepreneurs, thereby fostering innovation and helping them building long term businesses in the financial services space. I eagerly anticipate applying my extensive experience spanning several decades in financial strategy and business transformation to provide valuable support to the board and the management team.”

    In addition to Ramesh Iyer’s involvement in several organisations within the financial services sector, he also serves on the advisory boards of numerous educational institution and industry bodies. In recognition of his diverse accomplishments, he has received prestigious awards such as the Ernst & Young Entrepreneur of the Year, the CNBC Leadership Award, and the Business Today CEO Award, among other accolades from within the Mahindra Group.

    Over the past year, TVS Capital Funds has been strengthening its leadership team, having inducted three new Managing Partners. These appointments include Anuradha Ramachandran in October 2022, Krishna Ramachandran in February 2023, and Naveen Unni in June 2023.

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