GE Commercial Finance gets a new CEO
25 Jul 2006
Chennai: Tejpreet Singh Chopra has been appointed president and CEO of GE Commercial Finance India. A ten-year GE veteran, Chopra brings considerable management and global finance experience to his new post.
Most recently, Chopra was senior vice president and country head for India for GE Commercial Aviation Services (GECAS), the commercial aircraft leasing and financing unit of GE. In 2005, he moved from the unit's headquarters in Stamford, Connecticut, USA, to open a GECAS office in Delhi and has since arranged more than $1 billion in financing for India's growing airline industry. Since joining GE in 1996, Chopra has held positions in marketing, structured finance and risk management, at both Stamford and Hong Kong at GECAS. He also managed global sales for the regional jet program at GECAS.
According to him, these are exciting times for the GE Commercial Finance business in India. Chopra an economics graduate from St.Stephen's College, Delhi and an MBA from Cornell University says, the target for GE in India is to achieve US$8 billion in revenues and US$8 billion in assets by 2010 and GE Commercial Finance will play a vital role in helping GE accomplish that goal. He said the company would target growth in the commercial finance business. Real estate, Construction, transportation, infrastructure, healthcare, energy and information technology are all high-growth sectors and key focus areas for GE Commercial Finance.
