Essel Finance has appointed Viral Berawala as the CIO for Essel Mutual Fund. Prior to this, he was the CIO of Reliance Life Insurance Company.
Rajiv Shastri, Executive Director and CEO of Essel Finance AMC commented on the appointment, “As we continue to scale up, it is imperative we do so with the addition of credible minds in key focus areas. Viral’s wealth of insight and experience will be leveraged to further our vision and strengthen our fund management capabilities. We are delighted to welcome him as part of our investment team and leadership structure.”
The fund house currently manages an AUM of Rs.1,100 crore.