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IIFL Asset Management appoints chief executive

By Kirsten Hastings, 3 Feb 21

He previously held senior roles at L&T Financial Services and EFG Wealth Management India

Manoj Shenoy has been named chief executive of IIFL AMC, an India-focused global asset management company which offers a mutual, alternative investment and venture capital funds.

He joined IIFL Wealth group in April 2020 as executive director following its acquisition of L&T Capital Markets.

Shenoy brings with him nearly three decades’ experience in the financial services industry.

Priori to joining IIFL Wealth & Asset Management, he was chief executive at L&T Financial Services – Wealth Management.

In addition to his time as chief executive of EFG Wealth Management India, a subsidiary of ETG Bank, Shenoy was also executive director at Anand Rathi Financial Services.

Karan Bhagat, managing director and chief executive of IIFL Wealth Management, said: “The appointment of Manoj Shenoy will further strengthen our position in the asset management industry.”

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