Billionaire Mukesh Ambani s new financial services firm is set to appoint Kusal Roy, the India country manager of Standard Chartered Plc, as the CEO of one of its units, Jio Finance Ltd. Roy will join the firm in the coming weeks, pending regulatory approval. Jio Financial is expanding its services and talent pool, including hiring KV Kamath as non-executive chairman and Charanjit Attra as chief operating officer.
Ambani s Jio Financial Plans to Tap StanChart Executive as Unit CEO bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Ambani s Jio Financial Plans to Tap StanChart Exec as Unit CEO bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
On October 19, 2023, Jio Financial and BlackRock Financial Management Inc. filed papers with markets regulator Sebi for launching a mutual fund business. As of March 2024, the application was under process for Sebi s in-principle approval.
JFS outlook: Nomura said Reliance's track record in disrupting the retail and telecom segments has been impressive but it believes lending is a secular business and a different game from the perspective of underwriting, collection and analytics.