IIFL Wealth and Asset Management appoints Sanjay Wadhwa as chief financial officer

IIFL Wealth and Asset Management has appointed Sanjay Wadhwa as the Chief Financial Officer (CFO) with effect from September 02, 2021. Sanjay Wadhwa joins IIFL Wealth and Asset Management from L&T Financial Services, where he held the position of Group Financial Controller and was responsible for the finance control function of all the group entities, including CIC, NBFCs, and AMC.

Sanjay brings over 24 years of experience across varied industries viz. Financial Services (Wealth Management, Asset Management, NBFC, Insurance Broking, Stock Broking, Commodity Exchange, Clearing Corporation, Commodity Broking), Manufacturing, Consulting and Audit.

Prior to IIFL Wealth and Asset Management, Sanjay has worked with L&T Financial Services, MCX, Reliance Money, Reliance Mutual Fund, HSBC, Coca-Cola and Ernst & Young. He holds a BCom from Mumbai University and is also a CA, CS, CWA and CFA charter holder.


Karan Bhagat, Founder, MD & CEO, IIFL Wealth and Asset Management, said in a release, “We are delighted to have Sanjay join IIFL Wealth and Asset Management as our CFO. His rich experience and depth of knowledge will add immense value as we maintain our sharp focus on growth, profitability and capital efficiency.”

Sanjay Wadhwa, CFO, IIFL Wealth and Asset Management, said, “I am privileged to have the opportunity to drive IIFL WAM’s growth, financial strategy and performance by being part of this dynamic team.”