ICICI Prudential Asset Management Company has announced the appointment of Anand Shah as Head of PMS and AIF investments.
Prior to this, Shah was the CEO of NJ Asset Management. Prior to that, Shah was the Deputy CEO and Head of investments at BNP Paribas Asset Management. Shah holds an MBA from IIM-Lucknow.
Speaking about his appointment, Shah said, “ICICI Prudential has emerged as one of most trusted brands in the investment management space in India for retail and institutional clients and also for foreign investors. I am confident of contributing to the existing strong PMS investment management capabilities and robust processes and add value to our investors and partners.”
Shah brings with him more than two decades of fund management experience in the asset management industry.
Speaking on the appointment of Anand Shah, Nimesh Shah, MD and CEO of ICICI Prudential AMC said, “Anand has a wealth of fund management experience. With Anand’s presence, we expect to strengthen our PMS and AIF investment management capabilities and continue on our journey of delivering good investment experience to our clients.”
Founded in 1993 as ICICI Asset Management Company, the joint venture between ICICI Bank, a well-known, trusted name in financial services in India and Prudential Plc, one of UK’s largest players in the financial services sector, established ICICI Prudential Asset Management Company in the year 1998.