Motilal Oswal Financial Services appoints Mr. A V Srikanth as CEO of their Wealth Management Business

Top Quote Motilal Oswal Financial Services Ltd, the leading financial services company, today announced the appointment of Mr. A. V. Srikanth as the Chief Executive Officer - Private Wealth Management Business. End Quote
  • (1888PressRelease) June 21, 2012 - Mumbai, June 16, 2012: Motilal Oswal Financial Services Ltd, the leading financial services company, today announced the appointment of Mr. A. V. Srikanth as the Chief Executive Officer - Private Wealth Management Business.

    Mr. Srikanth brings with him a rich working experience of 16 years and will be responsible for growing the group's Wealth Management Business.

    Prior to joining Motilal Oswal, Mr. Srikanth was associated with Anand Rathi PWM as Executive Director where he played a significant role in developing their WM business apart from contributing to their advisory practice through innovations like India's first Multi-Manager platform in partnership with external service providers. The overall practice went on to win the much coveted Asia Money polls as the best Domestic Private Bank, for their client centric advisory role, thrice in a row since 2009.

    Mr. Srikanth holds a management degree from ICFAI Business School, Hyderabad and has worked with many large organizations like HSBC, Citibank, and Zurich Asset Management to name a few. Apart from being passionate about his work, Mr. Srikanth is an avid reader, a movie buff and a travel enthusiast.

    About Motilal Oswal Wealth Management Business
    Motilal Oswal Wealth Management aims to provide comprehensive solutions to individual, family and business wealth management needs through customized advice on asset allocation and investment selection across asset classes. It is designed for clients looking for customized advice suitable to their risk return profiling. It adopts a proprietary approach to client profiling and investments, resulting in better delivery of investment advice. The Wealth Management platform covers all the products and services under the wealth management space. Motilal Oswal Wealth Management has strong in-house expertise in PMS, Private Equity and Principal Strategies besides being strong on advisory in third party products.

    About Motilal Oswal Financial Services Limited
    Motilal Oswal Financial Services Ltd. (NSE: MOTILALOFS, BSE: 532892, BLOOMBERG: MOFS IN) is a well-diversified, financial services company focused on wealth creation for all its customers, such as institutional, corporate, HNI and retail. Its services and product offerings include wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking and principal strategies.

    The company distributes these products through 1,579 business locations spread across 552 cities and the online channel to over 738,156 registered customers. MOFSL has strong research capabilities, which enables them to identify market trends and stocks with high growth potential, facilitating clients to take well- informed and timely decisions. MOFSL has been ranked by various polls such as the Best Local Brokerage 2005, Most Independent Research - Local Brokerage 2006 and Best Overall Country Research - Local Brokerage 2007 in the Asia Money Brokerage Polls for India.

    MOSL won 4 awards in the ET-Now Starmine Analyst Awards 2010-11, placing it amongst the Top-3 award winning brokers, was ranked No. 2 by AsiaMoney Brokers Poll 2010 in the Best Local Brokerage Category and won the 'Best Market Analyst' Award for 2 sectors at the India's Best Market Analyst Awards 2011. MOFSL won the 'Best Capital Markets and Related NBFC' award at the CNBC TV18 Best Banks and Financial Institutions Awards 2011. MOSL also won the 'Best Equity Broking House' award for FY11 at the Dun & Bradstreet Equity Broking Awards 2011. MOSL won the 'Best Performing National Financial Advisor Equity Broker' award at the CNBC TV18 Financial Advisor Awards 2012, for the second year in a row. MOSL also won 'Best Equity Broker' award at Bloomberg UTV Financial Leadership Awards 2012, 'Retailer of the Year (Banking & Financial Services) award at Retail Excellence Awards 2012, and was ranked 2nd in the "Best Overall Brokerage" category by Asia Money in 2011.

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