Greaves Finance Limited, a subsidiary of Greaves Cotton Ltd., has named Mr. P. B. Sunil Kumar as its new Executive Director & Chief Executive Officer. In his new role, Mr. Sunil Kumar will lead the company’s efforts to expand financing options tailored for electric two-wheeler buyers and promote sustainable mobility solutions nationwide through their platform “evfin”.
Established a year ago, “evfin” stands as India’s premier consumer finance technology platform dedicated to electric mobility and sustainable solutions. It leverages advanced digital lending tools and innovative asset management technologies.
Mr. P. B. Sunil Kumar brings over 25 years of experience across finance, consulting, and healthcare sectors to his new position. His previous roles include Director at Taiki Consulting Private Limited and Vice President at GE Capital Services India. He has also served in leadership capacities at ICICI Bank Ltd. and Tata Finance Ltd., and currently serves as an independent director on the board of CDE Asia Ltd. and Doctor Sand Ltd.
Expressing his enthusiasm for the role, Mr. Sunil Kumar highlighted India’s growing adoption of electric vehicles (EVs) fueled by expanding infrastructure, supportive regulations, and rising consumer awareness. He emphasized Greaves Finance Ltd.’s commitment to delivering customized financing solutions for electric two-wheelers, aiming to accelerate EV adoption and enhance the EV ownership experience in India.
Mr. Sunil Kumar is a Chartered Accountant and holds a Bachelor of Commerce degree from Badruka College of Commerce and Arts, Telangana.
