Anil Dhirubhai Ambani Group firm Reliance Capital today announced the appointment of Vikrant Gugnani to lead the company's international business initiatives, as a part of its plans to expand presence in global markets.
Gugnani has been promoted as the President and Chief Executive Officer of international business to lead the company and build businesses further in the global markets, Reliance Capital said in a statement.
At present, Vikrant Gugnai is the CEO of Reliance Capital Asset Management, the country's top fund house in terms of assets under management.
The company has started to develop a global footprint as a key growth engine for its businesses for the future, the statement added.
"We are confident of continuing the success story abroad as well and establish Reliance's trust and quality service," Gugnani said.
The company further said that current deputy CEO Sundeep Sikka would now take over as the CEO of Reliance Capital Asset Management. Earlier, Sikka was with mutual fund arm of ADAG.
The company is committed to nurturing and building a pipeline of internal leadership talent and am confident that both Vikrant and Sundeep will create new opportunities and provide great business leadership, Reliance Capital CEO Sam Ghosh said.
Over the last few years, Reliance Capital has invested in building presence in key emerging markets such as the Gulf countries, South East Asia and Africa.
