PGIM India Asset Management appoints Abhishek Tiwari as new CEO

PGIM India Asset Management has appointed Abhishek Tiwari as its new Chief Executive Officer, effective September 1. Abhishek succeeds Ajit Menon, who has been at the helm of affairs for the past seven years.

According to the fund house, Ajit Menon, who has helped build a strong brand, shall continue as Senior Advisor with the AMC, providing strategic guidance.

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Abhishek Tiwari has been with PGIM India AMC for over seven years, most recently serving as the company’s Chief Business Officer. During his tenure, he has played a pivotal role in shaping PGIM India’s expansion strategy, forging key partnerships, and driving consistent year-over-year growth, and his leadership has been instrumental in scaling the company’s success across Mutual Funds, PMS & Alternatives businesses of PGIM India AMC, according to a press release by the fund house.

“Abhishek’s deep understanding of our business, his visionary leadership, and his unwavering commitment to innovation makes him the ideal person to lead PGIM India AMC into its next chapter,” said David Chang, Vice Chairman Asia, Global Wealth at PGIM.

“I would also like to thank Ajit for his leadership, hard work and commitment to the company over the last eight years,” he added.

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“I am honoured to step into the role of CEO at such an exciting time for PGIM India AMC,” said Abhishek Tiwari.

“We are on the cusp of transformative growth, and I look forward to working with our incredible team to continue delivering exceptional value to our customers and stakeholders,” Tiwari added