Asit C. Mehta Financial Services Ltd (ACMFSL), one of the leading fintech conglomerates in Indian equity markets, today announced the appointment of Mr. Anand Varadarajan as Chief Innovation and Growth Officer for the group. In his new role, with a particular focus on PMS, AIF, ACM I-Basket and Chotta Nivesh, he will lead all business development and marketing initiatives across traditional and digital media for the group.
ACMFSL under the leadership of Mr. Asit C Mehta and Mrs. Deena Mehta, over the past three decades, is one of the oldest financial services companies in India. They have businesses in PMS, stock brokerage, mutual fund distribution, distribution of all other third party investment instruments, investment banking, etc.
Welcoming Anand on board, Mr. Asit C. Mehta, President of CAMFSL said, “We are delighted to have Anand on board. His expertise in mutual fund distribution, PMS, AIF, business development and sales functions has brought about transformational changes in his past associations. I’m sure with the technology platform and products we offer, coupled with Anand’s experience; we will be able to grow and take our business to new heights and maintain our leading position in the market.
Ms. Deena Mehta, MD ACMIIL, said: “Over the past few years, we have been working on our preparation to position ourselves as a leading Fintech company, built on local technological prowess. With the financial services industry expanding by leaps and bounds, our positioning as a fintech player will prove critical for business reach and growth. We are confident that Anand, with his experience working across the country and international markets, will be able to drive the vision of management and the board.
Anand, winner of the ’40Under40 Investment Professionals’ award from the Association of International Wealth Management of India (AIWMI), brings over two decades of experience in the domestic and US financial services industry in the Indian and international markets. He is a well-known name in the field of financial product distribution and fund management. His expertise lies in distributor relationships and creating tailored investment solutions for HNI/Family offices and institutions in the Indian and global markets.
Commenting on his new role, Mr. Anand Varadarajan said, “I am honored and extremely excited about the opportunity offered by ACMIIL. The company is aggressively morphing into a new era fintech company and thus opening up a whole range of opportunities to explore and develop. And I like challenging roles and responsibilities. looking forward to contributing to the overall growth of the business by establishing the new verticals such as PMS, AIF while taking the existing businesses and offerings such as ACM I-Basket and Chotta Nivesh to the next level. »
In his last assignment, Anand was associated with NJ Asset Management for over 5 years, leading the distribution of PMS and MF products across the NJ network. Previously, he was again associated with ArthVeda fund management in a sales leadership role handling fundraising for PMS and AIF funds.