Satin Finserv Ltd reinforces its commitment to sustainable finance with the appointment of Mr. Pramod Marar as CEO for its Green Finance Vision

Satin Finserv Limited (SFL), a wholly-owned subsidiary of Satin Creditcare Network Limited (SCNL), announced the appointment of Mr. Pramod Marar as the Chief Executive Officer to drive its green finance capabilities. His appointment marks a pivotal milestone in SFL's mission towards fostering sustainability, reflecting its sharpened focus to scale innovative financial solutions that directly support India's climate goals, promote clean energy adoption and enable resilient growth practices for underserved communities and MSMEs.

A Proven Leader in Banking and Sustainability

Mr. Marar brings nearly three decades of experience spanning banking, entrepreneurship, and sustainability-focused ventures. In addition to working at HDFC Bank and Axis Bank, he served 18 years at HSBC India across Corporate Banking, SME, Microfinance and in his last role at HSBC, he was the Managing Director & COO of Wholesale Banking in India.

As Co-founder of TapFin and MD & CEO of GoGreen Capital (a sustainability focused NBFC) and Co-founder and MD of MoEVing Fintech, driving sustainable finance and clean mobility initiatives over the recent years, he brings in a unique blend of extensive banking and entrepreneurial experience.

Accelerating the Green Finance Vision

With Mr. Marar at the helm, Satin Finserv will strengthen its capacity to design and deliver impactful financing solutions across renewable energy, clean mobility, sustainable agriculture and energy efficiency initiatives. This marks a significant milestone in SFL's ambition to become a catalyst in India's green finance ecosystem.

Commenting on the appointment, Dr. H P Singh, Chairman cum Managing Director of Satin Creditcare, said: "At Satin Finserv, we view sustainability finance as a strategic imperative for India's economic transformation. Mr. Marar's extensive banking expertise, coupled with his significant experience in sustainability financing, makes him the ideal leader to drive our green finance ambitions. His leadership will accelerate our journey towards becoming a trusted partner in India's climate finance ecosystem, reaffirming Satin group's commitment to participate meaningfully in the green energy transition."

Accepting his new role, Mr. Pramod Marar, CEO, Green Finance, Satin Finserv Limited (SFL), said: "I am excited to join Satin Finserv at this transformative juncture. With its strong foundation and commitment to triple bottomline objectives, SFL is uniquely positioned to contribute to India's journey towards positive energy transition. We look forward to building effective financial solutions that support India's climate goals and also create long-term value for all stakeholders."

Shares of Satin Creditcare Network Limited was last trading in BSE at Rs. 140.15 as compared to the previous close of Rs. 140.15. The total number of shares traded during the day was 6517 in over 182 trades.

The stock hit an intraday high of Rs. 140.65 and intraday low of 139.75. The net turnover during the day was Rs. 912849.00.

Source : Equity Bulls

Keywords

SatinCreditcareNetwork INE836B01017 NBFC SatinFinserv Appointment CEO GreenFinance