ASK consolidates all businesses under one leadership
ASK Investment Holdings, the holding company of ASK Group, today announced the appointment of Mr. Sunil Rohokale as the Managing Director and Chief Executive Officer to spearhead the group businesses. This significant move will enable the ASK Group to bring all its businesses under one leadership. ASK will; however, continue to have CEOs heading the respective businesses. The ASK Group currently operates ASK Investment Managers, one of the largest Equity Portfolio Management Services (PMS) businesses in the country. It is also a pioneer in the Wealth Advisory & Family Office business and is a leading player in Real Estate Advisory under the name of ASK Property Investment Advisors.
Speaking on the appointment, Mr. Asit Koticha, Chairman, ASK Group said: “The appointment of Sunil as the CEO of the holding company is strategic to us – this is one big step in consolidating our position as full fledged wealth management solutions provider. We recognize him as among the rare breed of professionals with experience in assets, liabilities and investments and strongly believe that it will be a step in building strong professional teams that deliver results”.
In the position of CEO and Managing Director, Mr. Rohokale will spearhead the initiatives of the ASK Group, as well as those for the subsidiary companies of ASK. Prior to his tenure with ASK, Mr. Rohokale headed ICICI Home Finance, the largest mortgage company in India. Mr. Rohokale joined ASK as an Executive Director, and was also instrumental in setting up the company’s Property Fund business and making it a leading player in the market. Mr. Rohokale's efforts towards building the property fund business, with its first offering launched in 2009, enabled the company to successfully mobilize Rs. 340 crore from domestic investors. In addition to this, in 2011, the second domestic real estate fund from ASK PIA has managed to garner over 600 cr in its initial phase.
About ASK Group:
The ASK Group is a well diversified and renowned Financial Services Group. Today, it is positioned at the summit in the areas of portfolio management, real estate investment and advisory and wealth advisory services managing the wealth of some of the richest families in India.
With close to three decades of presence in the capital markets, ASK Group has been a prominent part of the India growth story, thriving hand-in-hand with its many high net-worth clients across the globe.
Since mid 2007, ASK Group has been engaged in providing comprehensive financial planning and wealth advisory business to individuals and trusts. With a constant Endeavor to reach new heights, ASK Group is now expanding its investment offerings to its core HNI clientele as well as new customer segments in the domestic and international markets.
