iStockIIFL Asset Management (IIFL AMC) has appointed Manoj Shenoy as its chief executive officer with effect from February 2, 2021, said a statement issued today.
Shenoy joined the IIFL Wealth group (IIFLW) in April 2020 as executive director following IIFLW’s acquisition of L&T Capital Markets (LTCM), a wholly-owned subsidiary of L&T Finance Holdings (LTFH).
He has close to three decades of experience in the financial services industry. Prior to joining IIFL Wealth & Asset Management, he was CEO at L&T Financial Services - Wealth Management business. Besides a stint as CEO of EFG Wealth Management India, a subsidiary of ETG Bank - a boutique Swiss private bank, he was also executive director at Anand Rathi Financial Services.
“The appointment of Manoj Shenoy will further strengthen our position in the asset management industry. The rich experience Manoj possesses in leading teams will immensely help the growth plans we have charted out for our asset management business,” said Karan Bhagat, MD and CEO, IIFL Wealth Management.
“IIFL AMC is well-positioned to capitalise on the growth opportunities presented by the Indian market with our differentiated offerings and proven track-record,” said Shenoy.
Shenoy joined the IIFL Wealth group (IIFLW) in April 2020 as executive director following IIFLW’s acquisition of L&T Capital Markets (LTCM), a wholly-owned subsidiary of L&T Finance Holdings (LTFH).
He has close to three decades of experience in the financial services industry. Prior to joining IIFL Wealth & Asset Management, he was CEO at L&T Financial Services - Wealth Management business. Besides a stint as CEO of EFG Wealth Management India, a subsidiary of ETG Bank - a boutique Swiss private bank, he was also executive director at Anand Rathi Financial Services.
“The appointment of Manoj Shenoy will further strengthen our position in the asset management industry. The rich experience Manoj possesses in leading teams will immensely help the growth plans we have charted out for our asset management business,” said Karan Bhagat, MD and CEO, IIFL Wealth Management.
“IIFL AMC is well-positioned to capitalise on the growth opportunities presented by the Indian market with our differentiated offerings and proven track-record,” said Shenoy.