IDFC Mutual Fund has appointed Vishal Kapoor, a senior executive from Standard Chartered Bank, as its chief executive officer. Mr. Kapoor will take charge of his new position from September this year. Vishal will be responsible for driving accelerated growth of IDFC AMC, heading a seasoned senior management team including Kaplan Parekh, Anoop Bhaskar and Suyash Choudhary .
- Infrastructure Development Finance Company (IDFC) is a finance company based in India.
- It provides finance and advisory services for infrastructure projects as well as asset management and investment banking.
- Vishal has rich experience in Financial Services across functions and businesses including asset management, banking, and consumer marketing with a good track record of building strong teams and sustainable businesses.
- Earlier, Vishal was 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.
- IDFC mutual is in 9th position with the total assets under management now at Rs- 54, 142cr.
- IDFC CEO is Vikram Limaye.