Aashish was heading the retail business at ICICI Prudential AMC earlier.
Motilal Oswal Asset Management Company announced today the appointment of Aashish P Somaiyaa as its CEO.
Aashish brings with him more than 13 years’ experience in sales & distribution, channel management, product development and institutional sales at ICICI Prudential. He had a brief stint with Bharti Axa Investment Managers as its Zonal Head – Western region before joining back ICICI Prudential.
His last assignment was with ICICI Prudential AMC, as Senior VP & Head - Retail Business where he was responsible for sales, distribution and product development of Mutual Fund, PMS and Real Estate offerings through retail distribution, banking and private wealth management channels across India and UAE.
Aashish holds a Bachelor of Engineering degree in Polymer Science and a Masters in Management Studies in Finance from NMIMS, Mumbai.
Speaking on the appointment, Mr Motilal Oswal, CMD, Motilal Oswal Financial Services said “We are happy to have Aashish on board and are confident that he will play a key role in the continued growth of Motilal Oswal AMC. The mutual fund industry has huge potential in India and this key appointment underlines our commitment to become one of the leading innovative asset management companies in India.”
Motilal Oswal AMC, which has primarily ETF products, currently manages Rs 588 crore.
Cafemutual had first reported about Aashish moving to head MOSL AMC. Read here.
