DHFL Pramerica Mutual Fund has announced the appointment of Ajit Menon as the company’s new Chief Business Officer. In his new role, Ajit will head the company’s sales, distribution and marketing functions.
Ajit will also play a key role in driving the digital initiatives and product strategy of the fund house.
An industry veteran, Ajit Menon has over two decades of leadership experience in business strategy, distribution, sales and marketing. He joins DHFL Pramerica from Tata Mutual Fund where he was Head of Strategy. Prior to Tata AMC, Ajit has spent over 15 years with DSP Blackrock where he played a key role in growth of the business.
Welcoming Ajit, Suresh Soni, CEO of DHFL Pramerica MF said, “We are confident that, Ajit with his vast experience and proven competence in the retail asset management space will help strengthen our bond with distribution partners and help expand our reach.”
On his joining Ajit said, “I am confident about the company’s future in this business and excited to contribute to the company’s mission of enabling financial prosperity and wealth empowerment for customers.”
In a press release, the company has said, “Ajit possesses valuable industry insights and is an excellent team player with a strong client connects. He has authored several papers on matters pertaining to the AMC business and co-designed a six-month certification course in wealth management.”