He is supposed to take up a global offer.
Managing Director and CEO of Motilal Oswal Asset Management Company, Nitin Rakesh has put in his papers, confirmed an official from the AMC. But Rakesh would continue as a CEO for some more time.
“We have still not decided on who will replace Nitin Rakesh. He will continue for some more time in the company,” said a senior official of the company.
According to industry sources, Nitin Rakesh has got a global offer which he is keen to pursue.
Nitin Rakesh had joined Motilal Oswal Group in September 2008 as its MD and CEO. Prior to this role, he was the CEO and Executive Director of State Street Syntel Services - the JV between State Street Bank and Syntel where he was leading India operations hub for STT’s global business operations.
