The Finance Industry Development Council (FIDC) on Tuesday announced the appointment of TT Srinivasaraghavan, Managing Director, Sundaram Finance, as its Chairman Emeritus.

It also announced Sanjay Chamria, Vice-Chairman and Managing Director, Magma Fincorp, and Umesh Revankar, Managing Director, Shriram Transport Finance Co, as its Co-Chairmen.

The appointments are with effect from April 1, 2021, FIDC said in a statement.