ICICI Prudential AMC appoints Anand Shah to guide its PMS and AIF Investments division

ICICI Prudential Asset Management Company (AMC) on Monday appointed Anand Shah as Head – PMS & AIF Investments. Shah has greater than twenty years of wealthy fund administration expertise within the Asset Management business, most lately as CEO of NJ Asset Management, the corporate introduced in its assertion.
Before this stint, he was Deputy CEO and Head of Investments at BNP Paribas Asset Management Company answerable for Investments and overseeing each onshore and offshore mandates sub-advised and Sales.
Reacting to his appointment, Shah stated, “It is my pleasure to join ICICI Prudential AMC as Head – PMS & AIF Investments. ICICI Prudential team has created a highly respected Investment House across various asset classes in India. The scale of business is very large today in comparison to my previous association with them. It has emerged as one of most trusted brands in Investment management space in India for retail and institutional clients and also for foreign investors. I am confident of contributing to the existing strong PMS Investment management capabilities and robust processes and add value to our investors and partners.”

His affiliation with BNP Asset Management was rather less than a decade having joined them in March 2011. Prior to becoming a member of BNP Paribas Asset Management Company, Shah was the Head of Equities at Canara Robeco Asset Management for a interval of three years beginning March 2008.
He was beforehand related to ICICI Prudential Asset Management Company within the capability of Co-Head Equities and as Vice President Investments at Kotak Mutual Fund for a interval of six years from May 2000 to December 2006.

“We at ICICI Prudential are delighted to welcome an exceptionally talented investment manager and leader like Anand. He has a wealth of fund management experience. With Anand’s presence, we expect to strengthen our PMS & AIF Investment management capabilities and continue on our journey of delivering good investment experience to our clients,” stated Nimesh Shah, MD & CEO at ICICI Prudential AMC.