Sanmugam M., Managing Director of RANM Chit Funds Pvt. Ltd.
Mr.A.Shanmugam, is a person with passion, innovation, and a steadfast commitment to
traditional values, This unique blend of cutting-edge practices and deep-rooted dedication
made RANM Chit Funds to reach new heights.
Mr.A.Shanmugam, After he obtained his Post Graduation (MBA)
In 1985, he had started his career as an employee in RANM Chit Funds (P)
Ltd under the guidance of Mr. RAN Muthusamy Mudaliar and he was
promoted to the position of Managing Director through his dedication towards the company and
his vision with effective strategies.
Mr.A.Shanmugam who always believes that every company has a special personality according to
him learning should be doing rather than just knowing. Learning by all level will make
people professional to provide excellent service to the customers. He is great at dedicating
himself to the task at hand. His ability to consider a problem from multiple angle and
perception is a rare gift. Introspection is one of his behavioral attributes and his
punctuality and promptness make people feel respected. He is not afraid to take challenges
which embolden those around him to work fearlessly. All his ventures flourish vigorously and
vibrantly
Mr. RAN Muthusamy Mudaliar initiated Sapphire Benefit Fund Limited in the year 1994 a small
banking vertical and Mr.A.Shanmugam provided his complete support and his extended vision
helped sapphire benefit fund limited to thrive into great heights. Sapphire benefit fund
limited added golden feathers to the crown viz SAPPHIRE NIDHI Ltd status in the year 2006
from RBI.
Mr. A. Shanmugam, with his vision supported by hard work, with a strong emphasis on business
ethics and a high level of responsibility. He initiated a new branch at Gopichettipalayam in
the year 2012.
Mr.A.Shanmugam, elected as Treasurer and Secretary of Erode District Chit Funds Association
and he still serves the same, this is a testament to his reputation and commitment to the
organization. He represented Chit Funds Companies Association and he participated in several
forums with Government, to negotiate stringent rules of Chit Funds Act 1982.