Press Releases

Mumbai; July 7, 2016

IDFC appoints Vishal Kapoor as CEO of AMC

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July 7, 2016, Mumbai: IDFC announces the appointment of Vishal Kapoor as the CEO of IDFC Asset Management Company (AMC). He is expected to join by September.

Vishal has over two decades of rich experience in Financial Services across functions and businesses including Asset Management, Banking and Consumer Marketing with a successful track record of building strong teams and sustainable businesses. His last assignment was with Standard Chartered Bank as the Managing Director, Head of Wealth Management, India. In his earlier stints, Vishal has been associated with American Express and ITC Threadneedle AMC, working across geographies.

Vishal is a Management graduate from IIM Ahmedabad and a Bachelor of Commerce (Hons.) from St. Xavier’s College, Kolkata.

Vishal will be responsible for driving accelerated growth of IDFC AMC, heading a seasoned senior management team including Kalpen Parekh, Anoop Bhaskar and Suyash Choudhary. In addition to his current responsibilities as MD - Sales & Marketing, Kalpen will drive the growth of Portfolio Management Services (PMS) and International Businesses, Anoop will continue as the Head of Equities and Suyash Choudhary as the Head of Fixed Income.

IDFC Asset Management Company Ltd. was established in 2000 and is already one of the largest Mutual Fund houses in India. In a relatively short span of time, it has developed a robust investment platform to offer consistent value to its investors.

IDFC Asset Management Company Ltd. is a well-established fund house sponsored by IDFC Ltd. The AMC manages a range of funds across debt and equity asset classes and has a distribution reach that covers 39 cities directly and has an indirect presence in over 283 towns across India. With a strong research capability and a performance track record IDFC MF has received a number of awards and recognitions for its schemes performance from different research and rating agencies.

The performance record of IDFC AMC is a direct result of its commitment to a disciplined and time-tested investment approach, proprietary to the AMC.

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