Srei Infrastructure Finance appoints Sameer Sawhney as CEO

Chandigarh, November 23, 2016: Srei Infrastructure Finance Limited ("SIFL"), a Kanoria Foundation entity, today announced the appointment of Sameer Sawhney as Chief Executive Officer ("CEO"), effective November 5, 2016.

Sameer is a veteran in the banking industry with over two decades of experience and expertise in building businesses. He has held senior leadership roles in global banks across Corporate and Investment Banking, Transaction Banking, Global Markets and Private Banking businesses. Having worked in several countries across Asia, Australia, Middle East, Europe and America, Sameer has a deep understanding of both emerging and developed markets. Prior to this appointment he was the Regional CEO, Managing Director – South East Asia and India, ANZ Bank driving the business, customer and country strategy across the bank's key markets.

Commenting on the appointment, Hemant Kanoria, Chairman and Managing Director, SIFL said: "Srei is one of India's largest integrated infrastructure institutions. We have reinvigorated our businesses, strengthening our team, and growing profitably despite adverse market conditions. Sameer's appointment as CEO adds to our strength and will bring dynamism in our business. He has a proven track record and experience in managing a wide variety of roles. His knowledge of lending products, capital markets and risk management will help us capitalise on new opportunities in the infrastructure sector globally."