Mumbai, August 24, 2026: Shriram Group announced the appointment of Dr. Apoorva Javadekar as Chief Economist, Shriram Group, and Chief Executive Officer, Shriram Research, reinforcing the Group’s commitment to strengthening its research, economic intelligence and policy advisory capabilities. An accomplished economist with extensive experience spanning academia, public policy and financial services, Dr. Javadekar will lead the Group’s macroeconomic and financial markets research agenda while driving evidence-based policy engagement and thought leadership initiatives.
Dr.Javadekar holds a PhD in Economics from Boston University and brings a distinguished track record across research, policymaking and financial services. Prior to joining Shriram Group, he served as Chief Economist at Muthoot FinCorp, Professor of Finance at the Indian School of Business (ISB), and Research Director at CAFRAL, the institution established by the Reserve Bank of India.
A respected voice in India’s financial and policy ecosystem, Dr. Javadekar has contributed to financial sector policymaking through various advisory roles, including as a member of the Research Advisory Committee of the Securities and Exchange Board of India (SEBI). His research interests span macroeconomics, banking, capital markets and asset management. His work has been presented at leading international forums, including those hosted by the International Monetary Fund (IMF), central banks, and the American and European Economic Associations.
Commenting on the appointment, Subhasri Sriram, MD & CEO, Shriram Capital, said:
“As the economic and financial landscape becomes increasingly complex, high-quality research and informed insights are critical to decision-making. Apoorva brings an exceptional blend of academic rigour, policy expertise and industry experience. His leadership will further strengthen the Group’s research capabilities, helping us deepen our understanding of evolving economic trends and translate them into actionable insights for our businesses, customers and stakeholders.”
Speaking about his new role, Dr. Apoorva Javadekar, Chief Economist, Shriram Group & CEO, Shriram Research, said:
“I am delighted to join the Shriram Group, an institution with a long-standing commitment to financial inclusion and nation-building. India stands at a pivotal moment in its economic journey, presenting significant opportunities for innovation, growth and financial deepening. I look forward to building a world-class research platform that combines rigorous analysis, market insights and policy engagement to support the Group’s strategic priorities and contribute to the development of India’s financial ecosystem.”
The appointment marks a significant step in Shriram Group’s efforts to institutionalize research-led decision-making and enhance its understanding of evolving domestic and global economic trends. Through Shriram Research, the Group aims to generate high-quality insights that support business strategy, contribute to public policy discourse, and advance the development of India’s financial markets and inclusion agenda.
About Shriram Group
Shriram Group is one of India’s leading financial conglomerates, with a strong presence in credit, life insurance, general insurance, chit funds, stock broking, financial product distribution, asset management, asset reconstruction and wealth management services. The Group’s focus is on serving underserved communities, driven by its financial inclusion agenda to bring finance to low-income families and small businesses. As on March 2026, Shriram Group serves over 2.98 crore customers, has a marketing force of more than 1.85 lakh, employs over 1.15 lakh people, and operates through more than 4,700 branches. It manages an Assets Under Management (AUM) of ₹3.69 lakh crore.
