Edelweiss Group, a financial services conglomerate in India, announced that Ashish Kehair has been promoted to Managing Director and Chief Executive Officer of Edelweiss Wealth Management (EWM). He will replace Nitin Jain who is departing the organization after a transition period to pursue entrepreneurial interests.
In this role, Ashish will lead the strategic initiatives and business operations for EWM, reporting to the Board of Directors.
Ashish Kehair is recognized as an industry leader in wealth management and private banking having served as Head of the EWM Wealth Management division since 2017. In that role, he has been responsible for expanding assets under advisory since joining. He has previously held executive positions with IDFC Bank and ICICI Securities.
Ashish is supported with a strong Core Leadership Team comprising of Alok Saigal, Anshu Kapoor, Rahul Jain, Riyaz Marfatia, Shiv Sehgal and Varun Bajpai, each of whom brings rich and diverse industry experience and have been part of co-creating the EWM business, the statement said.
In a statement on Ashish Kehair’s appointment, Rashesh Shah, Chairman & MD of Edelweiss Group, said: “We are fortunate to have a proven industry veteran in Ashish Kehair take on leadership of EWM and work collaboratively with the stakeholders to take EWM forward. Ashish is a proven business and people leader, and we look forward to supporting his success.”
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