Karthik Elangovan appointed Executive Director at Citizens Development Business Finance PLC

Mr.Karthik Elangovan

Citizens Development Business Finance PLC (CDB) has announced the appointment of Karthik Elangovan Chief Officer Corporate Affairs, as an Executive Director with effect from July 1, 2020. 

He is a member of the corporate management team at CDB and served as the Director/ CEO of Unisons Capital Leasing Ltd (UCL), a subsidiary of CDB since 2015 which amalgamated with CDB recently, the CDB said in a media release.

Mr. Elangovan joined CDB as Assistant Manager – Marketing in July 2004, responsible for the development of the overall retail business and was instrumental in establishing brand CDB. He was appointed as the Deputy General Manager Marketing in 2011 and became Senior Deputy General Manager in 2014.

Citizens Development Business Finance PLC (CDB) is a public quoted leader and respected financial entity that has inked stability, soundness, governance, accountability and transparency into its fabric, holding its place among the Top Five largest NBFIs in the country, with an island wide branch network of 71, driven by a state-of-the-art technological platform.