IIFL AMC has appointed Manoj Shenoy as the new CEO with effect from February 2, 2021. Shenoy joined the IIFL Wealth in April 2020 as Executive Director following IIFL Wealth’s acquisition of L&T Capital Markets, a wholly owned subsidiary of L&T Finance Holdings.
Shenoy has close to three decades of experience in the financial services industry. Prior to joining IIFL Wealth & Asset Management, he was CEO at L&T Financial Services - Wealth Management business. He has also worked with EFG Wealth Management India and Anand Rathi Financial Services. Shenoy holds a Bachelor’s Degree in Engineering from Bangalore University.
In the press release, Karan Bhagat, MD & CEO, IIFL Wealth, 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.”
Manoj Shenoy, CEO, IIFL AMC, said, “I am excited to lead the dynamic team at IIFL AMC, which is a leader in the AIF space and known for its innovative edge. IIFL AMC is well-positioned to capitalise on the growth opportunities presented by the Indian market with our differentiated offerings and proven track-record.”