A V Srikanth joins Motilal Oswal’s private wealth management biz as CEO

28 April, 2016

Mumbai-based Motilal Oswal Financial Services Ltd. has appointed A V Srikanth as chief executive of its private wealth management business, under its arm Motilal Oswal Wealth Management Private Ltd.

Srikanth, who has put in over 14 years across the financial service space, was working with as an executive director and director before joining Motilal Oswal. He has also worked with HSBC as the senior vice-president of wealth management, Zurich AMC and Citibank.

The private wealth management business of Motilal Oswal Financial Services Ltd. is known by its brand name Purple.

Founded in 1987, Motilal Oswal Financial Services provides investment banking and advisory services including capital raising in international and local capital markets, mergers and acquisition advisory, private placements and restructuring advisory. It has operations in 1,500 outlets spanning 500 cities and claims a customer base of 5,00,000. The company also offers commodity trading facilities and related products and services, with a focus on small and medium enterprises.

The other subsidiaries of Motilal Oswal Financial Services Ltd. include Motilal Oswal Securities Ltd, Motilal Oswal Investment Services, Motilal Oswal Investment Advisors Pvt Ltd, Motilal Oswal Private Equity Advisors Pvt Ltd and Motilal Oswal Asset Management Co. Ltd. In 2007, the company raised $59.77 million through an IPO. A year before that, New Vernon Private Equity Ltd along with Bessemer Venture Partners India had invested $28.3 million in the company.


Leave Your Comment
Motilal Oswal Hires Rakesh Sony As Director, Private Equity

Motilal Oswal Hires Rakesh Sony As Director, Private Equity

Madhav A Chanchani 9 years ago
Financial services company Motilal Oswal Financial Services Ltd has appointed Rakesh Sony as director of its private equity business. Motilal Oswal Venture Capital Advisors Private...
Motilal Oswal PE hires Snapdeal exec to drive consumer investments

Motilal Oswal PE hires Snapdeal exec to drive consumer investments

Bruhadeeswaran R 1 year ago
Motilal Oswal Private Equity Investment Advisors (MOPE) has appointed Amit Chaudhary as director in its private equity business. Chaudhary would be responsible for driving and...
News Roundup: Blackstone defers payments to Visa Power

News Roundup: Blackstone defers payments to Visa Power

TEAM VCC 5 years ago
Blackstone Defers Payments To Visa Power – The inability of Visa Power Ltd to meet some milestones, a reflection of larger challenges in the power...
No Comments

A V Srikanth joins Motilal Oswal’s private wealth management biz as CEO

Powered by WordPress.com VIP