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Anil Dhirubhai Ambani Group's Reliance Money has promoted Sudip Bandyopadhyay as managing director from his present position of CEO as part of it’s overall growth plans. The firm has also promoted Jhuma Guha to take over as CEO of OTC services and Kapil Bali will now be the CEO of Broking & Distribution.

Reliance Money has been aggreesively expanding its footprint in India and across the world through its inorganic growth strategy. Reliance Money now has over 3.5 million customers, presence in over 5165 cities and towns across the country, the company said in a release.

“I am very excited to take over the new role and responsibilities and am looking forward to taking Reliance Money to greater heights and set new benchmarks in leadership and customer service, creating value for investors and all stakeholders,’’ said Bandyopadhyay.

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