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Angel One has appointed Hemen Bhatia as the new Chief Executive Officer (CEO) of Angel One Asset Management Company.
Prior to this, Hemen was heading ETF at Nippon India Mutual Fund. With over 17 years of experience in the asset management industry, he has played key role in setting up passives business for Nippon India Mutual Fund.
In a press release, Dinesh Thakkar, Chairman and Managing Director, Angel One, said, “Hemen's extensive experience in the industry, coupled with his strategic guidance will be instrumental in forging partnerships and positioning us as a leader in the passive investment space. This move underscores our commitment to pushing the boundaries of innovation as our AMC strides towards shaping the future of fintech and consequently, impacting a billion lives."
Hemen Bhatia, CEO, Angel One AMC, said “I am honoured to assume the role of CEO, marking a significant leap in Angel One’s pursuit of innovation and financial excellence in the Asset Management industry. Angel One has always been a trailblazer in the fintech industry through its innovative investment strategies. I look forward to the prospect of extrapolating significant achievements for our Asset Management business, as we embark on an exciting journey characterized by exponential growth. This transformative endeavor is poised to revolutionize passive investments and re-define India's financial landscape.”
Hemen has played a pivotal role in the evolution of the ETF market in India and has facilitated the growth of passive fund management industry through his contributions at numerous industry and regulatory committees.
