Union Asset Management Company Private Limited (Union AMC) announced the appointment of Harshad Patwardhan as the Chief Investment Officer (CIO).
Patwardhan, a B.Tech graduate from IIT Bombay, a PGDM from IIM Lucknow, and a CFA charter holder from the CFA Institute, brings with him over 28 years of extensive experience covering the entire gamut of research and portfolio management in Indian equities. His illustrious career, spanning almost three decades, is punctuated with numerous awards and recognitions, demonstrating his unique prowess and dedication to the field, the statement said.
Throughout his career, Patwardhan has held significant positions in multiple organizations. From 2006 to 2016, he served as the CIO of Equities India at JPMorgan (JPM) Asset Management, where he also was a member of JPM’s offshore India equity team. Subsequently, he spent five years as the CIO of Edelweiss AMC before transitioning to Girik Wealth Advisors as the CIO.
Known for his analytical acumen and visionary leadership, Patwardhan has shown consistent ability to optimize financial performance and foster stakeholders’ trust. His appointment marks a strategic step towards consolidating Union AMC’s position in the industry and further strengthening its robust investment processes, according to the statement.
“We are delighted to welcome Mr. Harshad Patwardhan to our leadership team,” said G. Pradeepkumar, Chief Executive Officer at Union AMC. “His deep-rooted understanding of Capital Markets and the investment process aligns perfectly with our mission to deliver consistent, long-term value to our clients. We are confident that his leadership will play a key role in enhancing the fund’s performance and maintaining our commitment to creating value for our investors.”
On his appointment, Patwardhan said, “I am excited to join Union AMC and look forward to working closely with the leadership team. I am confident that we can build further on the excellent work done by the investment team. I see a great opportunity to further enhance our offerings’ quality, scale, and scope and work closely with our distribution partners to help our investors achieve their financial goals.”
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