1 Mar 2012
Ajay Srinivasan is the Chief executive at Aditya Birla Financial Services Group.
Ajay holds a BA with Honours in
Economics from St Stephens College, University of Delhi and an MBA from
the Indian Institute of Management, Ahmedabad.
Ajay Srinivasan has been with the Aditya Birla Group since July 2007.
In his role as Chief executive, he sets the vision
and provides strategic direction and leadership for the Group's
Financial Services business which covers several verticals such as life
insurance, fund management, private equity, wealth management, retail
broking, capital markets based lending, corporate financing and general
Under his leadership the financial services business has
grown rapidly with an annual turnover of about $1.25 bn, over 5.5
million customers and a workforce of over 15,000 people.
Prior to joining the Aditya Birla Group, Ajay was Chief executive, Fund Management at Prudential Corporation Asia
Under Ajay's leadership, Prudential's fund management operations in Asia grew rapidly, both organically and through acquisition.
Ajay oversaw a business that spanned ten
markets, including Japan, with total funds under management of about
USD 70 Bn, 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, Ajay also oversaw the development of Prudential's retirement business in Asia.
Ajay joined Prudential in 1998 as Managing Director of Prudential ICICI Asset Management Company, Prudential's Indian fund management joint venture with ICICI Bank.
Within two years of operation, Prudential ICICI AMC had grown to become
the largest private sector asset management company in India.
Prior to joining Prudential, Ajay was the Deputy Chief executive Officer and Chief Investment Officer of the Indian operations of Threadneedle Asset Management.
With a proven track record for building successful businesses, his experience in the financial services industry spans over two decades.
Ajay 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.