Shriram Transport Finance Company (STFC), which changed its name to Shriram Finance (SFL), saw a top-level rejig after the restructuring of the group, with former Odisha cadre civil service officer Jugal Kishore Mohapatra, 66, being elected as its new chairman, effective Monday (December 5).
Mohapatra will replace S Lakshmninarayanan, who served as the Chairman of STFC for nearly nine years, and earlier as an independent director for four years. The company’s board has also cleared the appointment of 1981 batch Indian Revenue Service official Maya S Sinha as an independent director. In her near 30-year career in the government of

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