IIFL Wealth and Asset Management appoints Ms. Santoshi Kittur as Chief Technology Officer

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New Delhi, 14th June 2022: IIFL Wealth and Asset Management (IIFL WAM) today announced the appointment of Ms. Santoshi Kittur as Chief Technology Officer. Santoshi joins the leadership team at the Wealth and Alternates market leader as the company looks at accelerating technological innovation in its next stage of growth. In this role, Santoshi will be accountable for visioning, formulating and implementing the technology, and security strategies, and ensuring that the firm’s technology capabilities enable growth and differentiation.

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Prior to joining IIFL WAM, she was Managing Director with PriceWaterhouseCoopers and part of the leadership team at the Acceleration Center in Bangalore. In her career spanning around 25 years, she has served global majors McKinsey and Co., Gartner Consulting and Infosys on technology strategy, market and product strategy, pricing and innovation. She has lived and worked across the globe, including Sydney, Singapore and London. A seasoned entrepreneur with profitable exits to her credit, Santoshi has been deemed among the Leading Women in Tech and Diversity & Inclusion leaders.

Karan Bhagat, Founder, MD & CEO, IIFL Wealth and Asset Management, commenting on the appointment said, “We are pleased to have Santoshi on board. Her expertise across technology, strategy, and execution will bolster our ongoing initiatives to optimally leverage technological solutions and improve client journeys. She will play an important role in enhancing tech-led growth, providing support for improved front-end and back-end processes and help us achieve our overarching digital and technology goals.”

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Commenting on the appointment, Ms. Santoshi Kittur, CTO, IIFL Wealth and Asset Management, said, “I am delighted to join IIFL Wealth and Asset Management, a group synonymous with professionalism and entrepreneurial spirit. Technology is going to be one of the main orchestrators in the wealth and asset management industry and offers tremendous growth opportunities, especially through a digitally-led engagement model and platform-led strategies. I look forward to creating strategies and solutions that have the potential to transform client, employee and partner experience.”

Santoshi holds a Bachelor’s degree in Electronics & Communication Engineering from Karnatak University, Dharwad. She also has a PGDBA and Advanced Diploma in Business Finance from IBS.

About IIFL Wealth and Asset Management

IIFL Wealth & Asset Management (IIFL WAM) is one of the leading wealth and alternate asset management companies in India. IIFL Wealth & Asset Management is the investment and financial advisor to more than 6800 relevant families in the High Net Worth Individuals (HNI) and Ultra HNI segments, with aggregate assets of more than INR 325,000 crore under management.

IIFL Asset Management (IIFL AMC) is an alternates-focused asset management firm. Its distinctive products enable investors across the world to participate in India’s unique growth story. The sizeable and growing asset management business has a leadership in alternates and is the second pillar of the firm, growing independently but with lots of synergies. IIFL AMC offers capabilities in onshore and offshore asset management through its subsidiaries based in Singapore, India and Mauritius.

IIFL WAM is one of the pioneers in the industry to bring about product innovations. The company has won 120 awards of repute since its inception in 2008, and its latest win is the Best Domestic Bank and Wealth Manager award in India at WealthBriefing Asia Awards 2022. Earlier awards include the prestigious Best Investment Management Services and Best Innovative Technology Adoption awards for India in the Euromoney Private Banking and Wealth Management Survey 2021. At the Global Private Banking Innovation Awards 2021, it has received awards in categories such as the Most Innovative Wealth Management Service, Outstanding Estate Planning Advisory and Themed Investment Proposition.

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