Nuvama Group Executive and Leadership Team

August, 2026

Leadership Overview

Nuvama Group has 7 executives leading key functions including strategy, marketing, operations, human resources, and technology.

Driven by client-first wealth management solutions, Nuvama Group delivers personalized financial strategies for High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients, leveraging strategic alliances and a strong legacy in the financial services sector to meet specialized needs through a tech-driven approach.

Leadership Roles at Nuvama Group

  • MD and Chief Executive Officer - Ashish Kehair
  • Head Group Chief Financial Officer, Strategy - Bharat Kalsi
  • Chief Operating Officer - Vishal Ved
  • President & Chief Operating Officer - Riyaz Marfatia
  • Chief Marketing Officer - Sujay Rachh
  • Chief Human Resources Officer - Jasbir Kochar
  • Chief Information Officer, Equity Alternatives - Nikhil Ranka
  • Ashish Kehair - MD and Chief Executive Officer

    Ashish Kehair, the MD and Chief Executive Officer at Nuvama Group, directs the overall strategic vision and operational execution for the wealth management platform. Overseeing all business units, Kehair ensures the delivery of personalized solutions tailored for High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients, aligning with the company's mission of wealth creation and preservation. This leadership role involves driving growth initiatives and maintaining strong relationships with strategic partners like PAG and Edelweiss, who support over 4.4 trillion in assets. By fostering a client-first approach, Ashish Kehair guides the organization in meeting specialized financial needs through a robust, tech-driven framework. The Chief Executive Officer's mandate includes expanding market reach and enhancing service offerings across wealth management, asset management, and capital markets, solidifying Nuvama's position in the financial services sector.
    Ashish Kehair

    Bharat Kalsi - Head Group Chief Financial Officer, Strategy

    Bharat Kalsi, the Head Group Chief Financial Officer, Strategy at Nuvama Group, directs the financial planning, analysis, and strategic resource allocation for the wealth management platform. Overseeing all financial operations, Kalsi ensures robust fiscal management to support personalized solutions for High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients, underpinning their wealth creation and preservation journeys. This critical role involves developing financial strategies that align with Nuvama's tech-driven approach and its mission of delivering client-first services. By managing capital, optimizing investment strategies, and driving financial performance, Bharat Kalsi plays a key part in leveraging strategic alliances and maintaining the company's strong legacy. The Head Group Chief Financial Officer, Strategy's leadership ensures financial stability and supports Nuvama's expansion across asset management and capital markets.

    Vishal Ved - Chief Operating Officer

    Vishal Ved, the Chief Operating Officer at Nuvama Group, manages the day-to-day operational efficiency and scalability of the wealth management platform. Overseeing critical business processes and infrastructure, Ved ensures seamless service delivery for High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients, supporting their unique wealth creation and preservation journeys. This leadership position involves optimizing operational workflows to align with Nuvama's tech-driven approach and its mission of providing client-first solutions. By enhancing internal systems and streamlining service delivery, Vishal Ved contributes directly to the company's ability to manage significant assets and leverage strategic alliances. The Chief Operating Officer's focus remains on operational excellence, ensuring robust support for Nuvama's diverse client base and its expansion within the financial services sector.
    Vishal Ved

    Riyaz Marfatia - President & Chief Operating Officer

    Riyaz Marfatia, the President & Chief Operating Officer at Nuvama Group, drives strategic operational initiatives and oversees key business functions to support the company's growth objectives. This dual role involves leading critical operational aspects while also contributing to the broader strategic direction, ensuring Nuvama's personalized solutions effectively serve High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients. Marfatia's oversight extends to enhancing the client experience and reinforcing the company's commitment to wealth preservation through a tech-driven framework. By managing complex operational challenges and fostering cross-functional collaboration, Riyaz Marfatia ensures alignment with Nuvama's mission of delivering client-first wealth management. The President & Chief Operating Officer's leadership is pivotal in leveraging strategic alliances and maintaining operational excellence across all service areas, including asset management and capital markets.
    Riyaz Marfatia

    Sujay Rachh - Chief Marketing Officer

    Sujay Rachh, the Chief Marketing Officer at Nuvama Group, architects and executes comprehensive marketing strategies to enhance brand visibility and client acquisition. Overseeing all promotional activities and market research, Rachh ensures that Nuvama's personalized wealth management solutions for High Net Worth Individuals and corporate clients resonate effectively within target demographics. This role involves developing campaigns that highlight the company's tech-driven approach and its commitment to wealth preservation journeys. By analyzing market trends and client feedback, the Chief Marketing Officer drives initiatives that support Nuvama's mission of delivering client-first financial services. Sujay Rachh's leadership ensures consistent brand messaging across all platforms, reinforcing Nuvama's legacy and its strategic alliances in the competitive financial services landscape.

    Jasbir Kochar - Chief Human Resources Officer

    Jasbir Kochar, the Chief Human Resources Officer at Nuvama Group, leads the strategic development and implementation of human capital initiatives to support the company's ambitious growth and client-centric objectives. Overseeing talent acquisition, employee development, and organizational culture, Kochar ensures Nuvama attracts and retains top talent essential for delivering personalized wealth management solutions to High Net Worth Individuals and corporate clients. This role is critical in fostering an environment that champions the company's mission of wealth creation and preservation through a tech-driven approach. By aligning HR strategies with business goals, Jasbir Kochar cultivates a high-performance culture that supports innovation and client satisfaction. The Chief Human Resources Officer's expertise is vital in managing a diverse workforce and reinforcing Nuvama's legacy and strategic partnerships within the financial services industry.

    Nikhil Ranka - Chief Information Officer, Equity Alternatives

    Nikhil Ranka, the Chief Information Officer, Equity Alternatives at Nuvama Group, spearheads the technological infrastructure and digital strategy for the company's equity alternatives division. Overseeing the development and implementation of innovative tech solutions, Ranka ensures Nuvama's ability to deliver cutting-edge, personalized wealth management services to High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients. This leadership role is instrumental in enhancing the tech-driven approach that supports client wealth creation and preservation journeys. By driving technological advancements and ensuring data security, Nikhil Ranka reinforces Nuvama's mission of providing client-first financial solutions. The Chief Information Officer's focus on technological excellence is crucial for leveraging strategic alliances and maintaining Nuvama's competitive edge in the dynamic financial services sector.

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    Frequently Asked Questions Regarding Nuvama Group Top Executives and Leadership Team

    Who leads Nuvama Group?
    Nuvama Group is led by Ashish Kehair (MD and Chief Executive Officer), along with executives such as Bharat Kalsi (Head Group Chief Financial Officer, Strategy) and Vishal Ved (Chief Operating Officer).
    Who is part of Nuvama Group’s executive team?
    The executive team of Nuvama Group includes leaders such as Ashish Kehair (MD and Chief Executive Officer), Bharat Kalsi (Head Group Chief Financial Officer, Strategy), Vishal Ved (Chief Operating Officer) and other senior executives.
    How many executives does Nuvama Group have?
    Nuvama Group has 7 executives leading key business areas.
    What roles are included in Nuvama Group’s leadership team?
    The leadership team of Nuvama Group includes roles such as MD and Chief Executive Officer, Head Group Chief Financial Officer, Strategy, Chief Operating Officer, President & Chief Operating Officer, Chief Marketing Officer.