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Press Release

Vicky Bindra Appointed President and CEO of GE Commercial Finance India

July 25, 2007

New Delhi, July 25, 2007 --- GE Commercial Finance today announced the appointment of Mr. Vicky Bindra as the President and CEO, GE Commercial Finance India, succeeding Tejpreet S. Chopra who became President & CEO of GE India in June, 2007.

Vicky joins GE following a 12-year career with Citigroup where he was a member of Citigroup's Global Management Committee and served most recently as EVP Small Business and Customer Franchise, Global Consumer Group International. Prior to Citigroup, Vicky was a partner in the consulting firm, Bain & Company.

"There are tremendous opportunities in India," said John Flannery, President and CEO of GE Commercial Finance Asia. "Vicky's wealth of experience and proven leadership will allow us to accelerate the growth of our business in this critical market."

Vicky holds a BA in Finance and Accounting from St. Xaviers College and an MBA from the MIT Sloan School of Management. He is a member of the Institute of Chartered Accountants of India.

About GE Commercial Finance

GE Commercial Finance ( www.gecommercialfinance.com) offers businesses around the globe an extensive array of financial products and services. With more than US$246 billion in assets and expertise in the middle-market, GE Commercial Finance provides loans, operating leases, financing programs and innovative structured capital to help customers grow. Headquartered in Norwalk, Connecticut, GE Commercial Finance is a wholly owned subsidiary of the General Electric Company (NYSE:GE), a diversified services, technology and manufacturing company with operations worldwide.

For further information, please contact:

  • GE Commercial Finance Asia (Tokyo):
  • Stephanie Ban
  • +81-3+6230-2531
  • GE Commercial Finance India:
  • Pankaj
  • [Bhasin
  • +91-124-4027739
  • Genesis B-M
  • Dolly Tayal/ Megha Sabhlok
  • +91 9899101140/ +91 9811710099

Corporate Communications
[email protected]


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