Mehraboon Irani quits Nirmal Bang to launch wealth management biz

Mumbai: Mehraboon Irani, the former Principal and Head- Private Client Group Business, Nirmal Bang Securities is all set to launch his own private wealth management business.

Irani, who has been analysing stocks for over two decades, has now quit Nirmal Bang and has backing of a few mid-sized corporate houses for his wealth management business.

His previous stints include FCH Centrum Wealth Managers as Senior Vice President, PMS, Darashaw & Company as Vice President Equities and Afternoon newspaper as Business Editor. He holds a master’s degree in Financial Management from Jamnalal Bajaj Institute of Management Studies, Mumbai.

While Irani confirmed that he had quit Nirmal Bang, he did not elaborate on his new venture but said he would be advising a few corporate houses.