People: Religare Enterprises Ltd (RELG.NS)
Mr. Saurabh Nanavati, Managing Director & CEO - Religare Invesco Asset Management of RELIGARE ENTERPRISES LIMITED, As MD & CEO, Saurabh oversees all functions including strategy, investments, operations and sales in India and has been instrumental in the successful establishment and growth of the mutual fund business, since its inception in 2008. Under his leadership, the AMC acquired the operations of Lotus Mutual Fund at the peak of the global crisis in November 2008, grew the business manifold, both locally and globally in the 2009-2012 period and subsequently concluded the Joint Venture with Invesco in March 2013. His last assignment was with HDFC Standard Life Insurance as Chief Investment Officer; overseeing USD 2 bn across asset classes. Prior to HDFC Standard Life Insurance, he was with Deutsche Asset Management for 4 years. He spent the first 20 months with Deutsche Asset Management in India, as Head of Institutional Sales, when they started their operations. He subsequently moved to Singapore as the Business Manager for their Asia (Ex-Japan) region, primarily focused on general management and overseeing day-to-day operations. He played a pivotal role in establishing Deutsche's Asset Management Joint Venture in China with Harvest Asset Management. His earlier assignments include stints with multinational institutions like Reuters and HSBC India. Saurabh holds an Electronics Engineering degree and is an MBA in Finance from Jamnalal Bajaj Institute of Management Studies.
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