Mumbai: The board of Tata Capital Housing Finance Limited (TCHFL), the subsidiary of Tata Capital Limited, has onboarded Sarosh Amaria, as the managing director- TCHFL with effect from 18 July. Amaria joins after having served as the managing director of Tata Capital Financial Services Limited (TCFSL) for over three years.

He has a rich experience of over 25 years with the Tata Group. He joined Tata Capital as part of its founding team in 2007 and played a pivotal role in setting up and growing the Commercial and SME Finance Business catering to a wide spectrum of corporate and SME customers.

He subsequently took over as managing director of TCFSL and under his leadership the business witnessed significant expansion and growth in profitability across Retail, SME & Commercial segments.

Speaking about the appointment, Tata Capital Limited managing director and CEO Rajiv Sabharwal said, "Under Sarosh’s leadership, we look forward to bolstering our housing finance portfolio. Given the depth and breadth of his knowledge, I am confident TCHFL will go from good to great. We thank him for his immense support in transforming the TCFSL business and wish him all the best in his new role.”