Tata Capital announced the appointment of Rajiv Sabharwal as Managing Director & CEO designate of the company. Sabharwal will be joining Tata Capital in January 2018 and would be taking over from the company’s current Managing Director & CEO Praveen P Kadle. Mr Kandle will be assuming other responsibilities in the Tata Group effective April 1, 2018. Sabharwal is currently a partner at True North Managers LLP, formerly India Value Fund Advisors. He was an Executive Director on ICICI Bank’s board before joining True North.