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"Tata Capital Financial Services (TCFS) announced on Friday the elevation of Sarosh Amaria toManaging Director, succeeding Kusal Roy who has resigned to pursue opportunities outside theTata Group, the company said. Amaria in his previous role served as Chief Operating Officer ofthe Commercial &amp; SME Finance Division (CSFD) of TCFS; and has been associated with the TataGroup for 23 years.Commenting on the announcement, Rajiv Sabharwal, MD Tata Capital said, “It gives usimmense pride to announce the elevation of Mr. Sarosh Amaria as MD, TCFS. We look forwardto Mr. Amaria’s tenure to lead TCFS to set new benchmarks for the industry.” Amaria joined TCFS as a founding member in 2007 and has been described as instrumental in setting up the Commercial Finance, SME business and driving synergy across the Tata Group for TCFS.Amaria will assume his new role on May 5 2020, pursuant to RBI approval.Follow and connect with us on Twitter, Facebook, Linkedin, Youtube"
<https://bfsi.economictimes.indiatimes.com/news/financial-services/sarosh-amaria-to-head-tata-capital-financial-services/75090975>