Motilal Oswal AMC CIO Niket Shah moves into MD role in Principal Investments

Motilal Oswal AMC has announced transition in senior leadership as part of its broader effort to strengthen internal talent and future ready leadership across its business. Niket Shah who was Chief Investment Officer (CIO) at Motilal Oswal Asset Management Company, will move to a new role as managing director within the group’s Principal Investment business.

As a note on social media platforms, Motilal Oswal AMC said that, “At the Motilal Oswal Group, we have been proactively driving meaningful people movements across businesses to build future-ready leadership. In the current financial year alone, more than 200 role movements have taken place across the Group—reflecting our deep commitment to nurturing internal talent and creating long-term organizational strength.”

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Shah has been with the AMC for more than 14 years and has contributed across multiple businesses, including Institutional Equities and Asset Management, and has consistently created value through his leadership, investment acumen, and deep understanding of our organization.

Niket Shah was elevated to CIO position at the fund house in 2024 after a stint of 11 years in the organisation. Shah managed some prominent funds such as Motilal Oswal Flexi Cap Fund, Motilal Oswal Midcap Fund, Motilal Oswal Small Cap Fund, Motilal Oswal Large Cap Fund and few other funds.

The fund house, while thanking Shah for his outstanding contributions so far and wishing him success as he takes on this important new responsibility, said that, “Such movements are reinforcements of our belief that People development lies at the heart of a strong Talent Management framework.”

“Building a robust leadership pipeline, ensuring thoughtful succession planning, enabling purposeful role movement, and fostering talent fungibility are critical cornerstones of this journey,” it further said.

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The fund house through a notice cum addendum announced changes in fund managers of the schemes that Niket Shah managed. The fund manager of 11 schemes of Motilal Oswal Mutual Fund are now changed with effect from January 21.