Biographies - Senior Management Team - Media Centre

Saurabh Nanavati – Chief Executive Officer




As CEO, Saurabh oversees all functions including investments, operations and sales. Saurabh's last assignment was with HDFC Standard Life Insurance as Chief Investment Officer; overseeing USD 2 bn in equity and debt investments besides other asset classes. Prior to HDFC Standard Life Insurance, he was with Deutsche Asset Management for little under 4 years. He spent the first 20 months with Deutsche Asset Management in India, when they started their operations, as Head of Institutional Sales. He subsequently moved to Singapore as the Business Manager for their Asia (Ex-Japan) region primarily focused on general management and overseeing day-to-day operations in the region. He played a key role in establishing Deutsche's Asset Management Joint Venture in China (which is currently the largest foreign asset management JV in China). His earlier assignments include stints with multinational institutions like Reuters and HSBC India. Saurabh holds an Electronics Engineering degree and is an MBA in Finance from Jamnalal Bajaj Institute of Management Studies.

Ketan Ugrankar – Chief Operating Officer & Chief Financial Officer

Ketan has over 15 years' experience in Finance, Fund Accounting Operations, Audit, Taxation, Administration and Technology. He oversees all aspects of finance, operations, investor servicing, technology and administration. Ketan's last assignment was with ING Investment Management as Chief Operating Officer. Prior to this, he was working with Alliance Capital Asset Management as Vice President - Corporate Accounting and Administration. Ketan holds a Commerce degree and is a qualified Chartered Accountant. He is also an Associate Member of the Institute of Company Secretaries of India and a Graduate of The Institute of Cost and Works Accountants of India.

Vetri Subramaniam – Chief Investment Officer




Vetri has over 18 years' experience in the Indian equity markets and is responsible for the AMC's equity portfolio. He joins Religare Asset Management from Motilal Oswal Securities where he was the Chief Investment Officer. Prior to Motilal Oswal, he was working as an Advisor to Boyer Allan Investment Management, UK, where he was advising them on their investments in India. Vetri has also worked with Kotak Mahindra Asset Management as Head of Equity Funds, Sharekhan.com as Chief Investment Advisor and SSKI Securities as Vice President - Equity Sales. Vetri holds a Commerce degree and holds a PGDM from Indian Institute of Management, Bangalore.

Sujoy Kumar Das – Head of Fixed Income

Sujoy has over 14 years' experience in the Fixed Income market. Prior to joining Religare Asset Management, Sujoy was Head - Fixed Income with Bharti AXA Mutual Fund. Prior to Bharti AXA, he was with DSP Merrill Lynch Mutual Fund as Fund Manager, managing several fixed income funds. Sujoy has also worked with Bank of Punjab as a trader and traded in government securities, corporate bonds etc. and was a senior member of their treasury function. In May 2005, he was featured amongst the top debt fund managers in the country, in the "Top Fund Managers of India" survey conducted by Business Today and Mutualfundsindia.com. Sujoy graduated as a Bachelor in Science (Economics) from University of Calcutta. He also holds a Post Graduate Diploma in Business Administration with specialization in Finance & International Business from Hindu Institute of Management.

Madhu Nair - National Sales Head (Institutional & Off Shore Business)

Madhu has over 10 years' experience in Sales and Distribution. He joins Religare Asset Management from Kotak Mahindra AMC where he was working as Vice President - Sales & Distribution; handling institutional sales, offshore business and distribution channel. He has also worked with Kothari Pioneer Mutual Fund and with HDFC Bank. Madhu holds a degree in Chemistry and is an MBA with specialization in Finance.

Haresh Sadani – Head (Marketing & Products)

Haresh has over 13 years' experience in Marketing, Communications and Product Development. He joins Religare Asset Management from DBS Cholamandalam Asset Management where he was working as Assistant Vice President – Marketing; responsible for Marketing, PR and new product development. Prior to DBS Cholamandalam Asset Management, he was working as Marketing Manager with Fidelity Fund Management. Haresh has also worked with Outlook Money and Sesa Seat Information Systems Limited. Haresh holds a Commerce degree and is an MBA with specialization in Marketing.

Suresh Jakhotiya – Head (Compliance, Risk, Secretarial and Legal)

Suresh has over 14 years' experience in Compliance, Legal and Finance. He joins Religare Asset Management from HDFC Asset Management where he was Senior Manager - Compliance. Prior to this, he was working as Vice President – Compliance; with Benchmark Asset Management, responsible for monitoring compliances and reporting to Regulators, AMC, and Trustee Board and also responsible for the secretarial function. Suresh has also worked with Tata Liebert and Hiranandani Developers. Suresh holds a Commerce degree and is a Chartered Accountant and Company Secretary.

Aloke Sharma – Head (Retail Sales)

Aloke has over 14 years’ experience in Sales and Business Development and is responsible for retail sales and business development at the AMC. He joins Religare Asset Management from ABN AMRO Asset Management where he was working as National Head for Distribution. Prior to ABN AMRO, he was working for Kotak Mahindra Asset Management as Vice President & Head – Institutional Sales and was responsible for generating business from Corporate & Institutional clients from the Eastern Region. Aloke has also worked with J M Financial Group in Kolkata. He holds a Masters Degree in Commerce from University of Kolkata.