Nuvama Group Executive and Leadership Team

May, 2026

Leadership Overview

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

Driven by client-first wealth management solutions, Nuvama Group leverages strategic alliances and a strong legacy in financial services to deliver personalized wealth creation and preservation journeys for HNWIs, UHNWIs, and corporate clients.

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. Kehair guides the company's expansion into new markets and service offerings, ensuring alignment with the needs of High Net Worth Individuals (HNWIs), Ultra High Net Worth Individuals (UHNWIs), and corporate clients. Overseeing all business units, the MD and Chief Executive Officer ensures the delivery of personalized wealth creation and preservation solutions. This leadership role involves fostering innovation and maintaining strong relationships with strategic partners like PAG and Edelweiss, which collectively manage significant assets. By driving operational excellence, Ashish Kehair ensures Nuvama Group upholds its commitment to client-first wealth management, leveraging a tech-driven approach to meet specialized financial needs and solidify its market position.
    Ashish Kehair

    Bharat Kalsi - Head Group Chief Financial Officer, Strategy

    Bharat Kalsi, the Head Group Chief Financial Officer, Strategy at Nuvama Group, oversees the financial health and strategic planning of the organization. Kalsi manages financial operations, including budgeting, forecasting, and capital allocation, ensuring robust financial discipline across all business units. Directing financial strategy and analysis, the Head Group Chief Financial Officer, Strategy provides critical insights to support decision-making for High Net Worth Individuals (HNWIs), Ultra High Net Worth Individuals (UHNWIs), and corporate clients. This leadership role involves optimizing financial performance and identifying opportunities for sustainable growth. By driving financial acumen and strategic foresight, Bharat Kalsi ensures Nuvama Group's long-term viability and its ability to deliver client-first wealth management solutions.

    Vishal Ved - Chief Operating Officer

    Vishal Ved, the Chief Operating Officer at Nuvama Group, spearheads the operational efficiency and scalability of the wealth management platform. Ved ensures seamless delivery of services across wealth management, asset management, and capital markets, supporting the complex financial needs of High Net Worth Individuals (HNWIs) and Ultra High Net Worth Individuals (UHNWIs). Managing day-to-day operations, the Chief Operating Officer optimizes internal processes and technology integration to enhance client experience. This critical role involves collaborating with other C-suite executives to align operational capabilities with strategic growth objectives. By driving operational excellence, Vishal Ved contributes directly to Nuvama Group's mission of providing client-first wealth management solutions and maintaining its strong legacy in the financial services industry.
    Vishal Ved

    Riyaz Marfatia - President & Chief Operating Officer

    Riyaz Marfatia, the President & Chief Operating Officer at Nuvama Group, drives the operational execution and strategic initiatives across the company's diverse service offerings. Marfatia ensures the seamless integration of wealth management, asset management, and capital markets functions to meet the specialized financial needs of High Net Worth Individuals (HNWIs) and corporate clients. Overseeing key operational departments, the President & Chief Operating Officer optimizes processes for client engagement and service delivery. This executive position involves fostering cross-functional collaboration to enhance efficiency and client satisfaction. By leading operational excellence, Riyaz Marfatia reinforces Nuvama Group's commitment to client-first wealth management and its strong legacy within the financial services sector.
    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. Rachh focuses on communicating the value proposition of Nuvama's personalized wealth management solutions to a diverse client base, including affluent individuals, small business owners, and institutional investors. Overseeing all promotional activities and market research, the Chief Marketing Officer ensures campaigns resonate with the unique wealth creation and preservation journeys of clients. This leadership position involves leveraging digital channels and strategic partnerships to expand market reach and engagement. By driving targeted outreach, Sujay Rachh supports the company's mission to deliver client-first wealth management, reinforcing Nuvama Group's standing in the financial services sector.

    Jasbir Kochar - Chief Human Resources Officer

    Jasbir Kochar, the Chief Human Resources Officer at Nuvama Group, cultivates a high-performance culture and manages talent acquisition and development initiatives. Kochar designs and implements HR strategies that support the company's growth and its commitment to client-first wealth management. Overseeing all human capital functions, the Chief Human Resources Officer ensures the team possesses the expertise required to serve High Net Worth Individuals (HNWIs) and corporate clients effectively. This leadership position involves fostering employee engagement, promoting professional development, and ensuring compliance with labor regulations across Nuvama Group's operations. By building a robust talent pipeline, Jasbir Kochar strengthens the organization's capacity to deliver specialized financial solutions and uphold its legacy in the financial services sector.

    Nikhil Ranka - Chief Information Officer, Equity Alternatives

    Nikhil Ranka, the Chief Information Officer, Equity Alternatives at Nuvama Group, directs the technology strategy and infrastructure supporting the company's alternative investment offerings. Ranka oversees the development and implementation of cutting-edge technological solutions that enhance data analytics, risk management, and client reporting for equity alternatives. Managing the IT systems and digital platforms, the Chief Information Officer, Equity Alternatives ensures the secure and efficient operation of services for sophisticated investors. This role involves close collaboration with investment teams and operational leaders to align technology with business objectives. By driving technological innovation, Nikhil Ranka supports Nuvama Group's mission to deliver specialized financial needs through a tech-driven approach, reinforcing its position in wealth management.

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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.