PGIM India Asset Management has announced the appointment of Abhishek Tiwari as its new Chief Executive Officer, effective September 1, 2025. The move comes as part of a planned leadership transition, with outgoing CEO Ajit Menon stepping into a new role as Senior Advisor.
Tiwari, who currently serves as Chief Business Officer, has been with the firm for over seven years. During this time, he has played a central role in shaping business growth across the mutual fund, PMS, and alternatives segments. His elevation follows a steady track record of driving expansion and building strategic partnerships.
David Chang, Vice Chairman – Asia, Global Wealth at PGIM, commented on the transition: “Abhishek’s deep understanding of our business, his visionary leadership, and his unwavering commitment to innovation makes him the ideal person to lead PGIM India AMC into its next chapter.” He also acknowledged Ajit Menon’s contribution to the company over the past eight years.
Tiwari said, “I am honoured to step into the role of CEO at such an exciting time for PGIM India AMC. We are on the cusp of transformative growth, and I look forward to working with our incredible team to continue delivering exceptional value to our customers and stakeholders.”
Menon, who led the company for seven years, is credited with helping establish PGIM India AMC’s identity and positioning in a competitive asset management landscape. His new advisory role begins the same day the CEO transition takes effect.
The change in leadership comes as the asset management industry continues to evolve rapidly, driven by shifts in investor expectations, digital adoption, and regulatory changes.
