Mr. Ajay Srinivasan is Chief Executive — Financial Services at the Aditya Birla Group since July 2007.
In this role, Mr. Srinivasan sets the vision and provides strategic direction and leadership to the Group’s financial services business covering several verticals such as life insurance, fund management, private equity, wealth management, retail broking, capital markets based lending, corporate financing, infrastructure finance and general insurance broking. Under his leadership, the financial services business has grown rapidly with a current turnover of USD 1.3 billion, assets under management of USD 20 billion, over 5.6 million customers and a workforce of over 17,500 people.
Before joining the Aditya Birla Group, Mr. Srinivasan was based in Hong Kong as Chief Executive — Fund Management, Prudential Corporation Asia. He oversaw a business that spanned 10 markets, including Japan, with total funds under management of about USD 70 billion, which made it at the time the second largest retail fund manager in Asia. As a member of Prudential Corporation Asia’s Board of Directors, Mr. Srinivasan also oversaw the development of Prudential’s retirement business in Asia.
Prior to joining Prudential, Mr. Srinivasan was managing the India operations of Threadneedle Asset Management as the company’s Deputy Chief Executive Officer and Chief Investment Officer. He has two decades of experience in the financial services industry and a proven track record for building successful businesses.
Mr. Srinivasan is engaged with several bodies, including the Financial Planning Standards Board, the CII Committee on Financial Sector Reforms, the CII Committee on Insurance and Pensions and the FICCI Committee on Insurance, the CII Committee on Financial Inclusion. He is also a member of the Advisory Board of the City of London.
Mr. Srinivasan holds a BA honours in Economics from St Stephens College, Delhi, and an MBA from the Indian Institute of Management, Ahmedabad.
A US $41 billion corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 120,000 employees, belonging to 42 different nationalities.
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