Mirae Asset Global Investments (India) Pvt Ltd has elevated Swarup Mohanty as its Chief Executive Officer (CEO).
Mohanty, who was the head of sales at the company, has taken over the assignment from Jisang Yoo, who will take leadership role in Mirae Asset's US operations, a company statement said today.
Mohanty has been associated with Mirae Asset since July 2011 and has been instrumental in the growth of the AMC.
"I thank Mirae Asset Group for putting faith in me and entrusting me with this responsibility. Our funds are doing very well with our AUM growing six fold in the last two years," said Mohanty, a B.Com and and PGDBM by qualification.
"I am very excited to lead a very dynamic team in this future growth phase of the AMC. We stay committed in creating wealth for our investors," he added.
Jisang Yoo said, "Mirae Asset India has come a long way in the recent years and the AMC is poised for great growth ahead. I am very confident that Swarup Mohanty will take the company ahead to make it amongst the top 10 AMC's in India."
Mirae Asset Global Investments (India) Pvt Ltd is a wholly-owned subsidiary of the Mirae Asset Financial Group.
Mirae has been active in India since 2008 and has emerged among the top 20 AMCs in the country based on equity assets.
