IIFL Asset Management (IIFL AMC) has announced the appointment of Manoj Shenoy as its Chief Executive Officer (CEO). The press statement further stated that he will assume his responsibilities from February 2, 2021.
In April 2020, Shenoy joined the IIFL Wealth group (IIFLW) as executive director after IIFLW acquired L&T Capital Markets (LTCM), a subsidiary of L&T Finance Holdings (LTFH).
Shenoy has almost three decades of experience in the financial services industry. Before joining IIFLW, he was CEO at L&T Financial Services – Wealth Management business. Apart from a stint as CEO of EFG Wealth Management India, he was Anand Rathi Financial Services' executive director.
Karan Bhagat, MD and CEO, IIFL Wealth Management said, “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."
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