Nuvama Group Executive and Leadership Team

November, 2026

Leadership Overview

Nuvama Group has 6 executives leading key functions including strategy, marketing, operations, financial management, and human resources.

Driven by a commitment to personalized financial excellence, Nuvama Group delivers sophisticated wealth management solutions for high-net-worth individuals and corporate clients through a robust, tech-driven platform.

Leadership Roles at Nuvama Group

  • 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
  • Managing Director - Prakash Sharma
  • Bharat Kalsi - Head Group Chief Financial Officer, Strategy

    Bharat Kalsi, the Head Group Chief Financial Officer, Strategy at Nuvama Group, directs the financial health and strategic planning of the organization. Kalsi architects the capital structure and investment strategies that support the firm's wealth management platform. Overseeing financial reporting and fiscal discipline, the Head Group Chief Financial Officer, Strategy ensures that all business units operate within defined budgetary parameters. This leadership role involves analyzing market data to inform long-term growth decisions and capital allocation. Bharat Kalsi drives the development of financial models that assess the viability of new service offerings for high-net-worth individuals. By collaborating with the executive team, the Head Group Chief Financial Officer, Strategy aligns fiscal policy with the firm's mission of wealth preservation. Through meticulous oversight of financial performance, Kalsi mitigates risk and maximizes shareholder value. Ultimately, the Head Group Chief Financial Officer, Strategy ensures the firm maintains a robust financial position.

    Vishal Ved - Chief Operating Officer

    Vishal Ved, the Chief Operating Officer at Nuvama Group, directs internal infrastructure and process efficiency for the wealth management platform. Ved architects scalable workflows that support the delivery of personalized financial solutions to high-net-worth individuals. Overseeing the daily execution of service protocols, the Chief Operating Officer ensures seamless integration between asset management and capital markets operations. This leadership role involves streamlining administrative functions to enhance the overall client experience. Vishal Ved drives the adoption of advanced technology to automate routine tasks, allowing the firm to focus on complex wealth creation strategies. By monitoring operational risks, the Chief Operating Officer maintains compliance and service quality across all business units. Through constant refinement of internal systems, Ved supports the firm's growth objectives and ensures that the platform remains agile in a competitive market. Ultimately, the Chief Operating Officer guarantees the reliability of the entire service ecosystem.
    Vishal Ved

    Riyaz Marfatia - President & Chief Operating Officer

    Riyaz Marfatia, the President & Chief Operating Officer at Nuvama Group, directs the execution of large-scale corporate initiatives and operational logistics. Marfatia architects the framework for cross-departmental collaboration, ensuring that wealth management services align with the firm's broader financial goals. Overseeing the expansion of service capabilities, the President & Chief Operating Officer manages the logistical requirements of supporting ultra-high-net-worth clients. This leadership role involves coordinating with regional teams to ensure consistent service delivery across diverse markets. Riyaz Marfatia drives the implementation of strategic projects that enhance the firm's operational capacity and market reach. By evaluating performance metrics, the President & Chief Operating Officer identifies opportunities for process improvement and resource optimization. Through rigorous management of organizational workflows, Marfatia sustains the firm's commitment to excellence. Ultimately, the President & Chief Operating Officer secures the operational foundation necessary for long-term success and client satisfaction.
    Riyaz Marfatia

    Sujay Rachh - Chief Marketing Officer

    Sujay Rachh, the Chief Marketing Officer at Nuvama Group, directs all brand positioning and client acquisition strategies. Rachh architects digital engagement frameworks to connect with affluent individuals and small business owners seeking specialized financial services. Overseeing the development of marketing collateral, the Chief Marketing Officer ensures consistent messaging across all wealth management channels. This leadership role involves analyzing consumer behavior to tailor service offerings for high-net-worth segments. Sujay Rachh drives the expansion of the brand footprint by leveraging tech-driven marketing tools that enhance client visibility. By coordinating with product teams, the Chief Marketing Officer aligns promotional activities with the firm's core mission of wealth preservation. Through data-driven insights, Rachh optimizes the customer journey, ensuring that every interaction reflects the premium nature of the platform. Ultimately, the Chief Marketing Officer strengthens market presence and fosters long-term client loyalty.

    Jasbir Kochar - Chief Human Resources Officer

    Jasbir Kochar, the Chief Human Resources Officer at Nuvama Group, directs talent acquisition and organizational development strategies. Kochar architects programs that foster a high-performance culture, ensuring the firm attracts top-tier professionals in the financial services sector. Overseeing employee engagement and professional development, the Chief Human Resources Officer aligns workforce capabilities with the company's mission of delivering personalized wealth management. This leadership role involves designing compensation structures and performance management systems that incentivize excellence. Jasbir Kochar drives initiatives to promote diversity and inclusion, strengthening the firm's internal talent pipeline. By collaborating with department heads, the Chief Human Resources Officer ensures that staffing levels support the firm's operational goals and client service standards. Through the implementation of robust HR policies, Kochar maintains a productive and motivated workforce. Ultimately, the Chief Human Resources Officer secures the human capital necessary to sustain the firm's competitive advantage.

    Prakash Sharma - Managing Director

    Prakash Sharma, the Managing Director at Nuvama Group, directs the overarching strategic vision for the wealth management platform. Sharma architects long-term growth initiatives while overseeing the integration of asset management and capital markets services for ultra-high-net-worth individuals. By aligning corporate objectives with the evolving needs of institutional investors, the Managing Director ensures the firm maintains a competitive edge in the financial services sector. Prakash Sharma monitors market trends to refine the delivery of personalized wealth creation solutions across diverse client segments. This leadership role involves constant collaboration with the board to optimize capital allocation and strengthen strategic alliances. Through rigorous oversight of organizational performance, the Managing Director drives operational excellence and sustains the firm's reputation for client-first financial solutions. Ultimately, Sharma secures the stability and expansion of the platform within the complex landscape of modern finance.

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    Frequently Asked Questions Regarding Nuvama Group Top Executives and Leadership Team

    Who leads Nuvama Group?
    Nuvama Group is led by Bharat Kalsi (Head Group Chief Financial Officer, Strategy), along with executives such as Vishal Ved (Chief Operating Officer) and Riyaz Marfatia (President & Chief Operating Officer).
    Who is part of Nuvama Group’s executive team?
    The executive team of Nuvama Group includes leaders such as Bharat Kalsi (Head Group Chief Financial Officer, Strategy), Vishal Ved (Chief Operating Officer), Riyaz Marfatia (President & Chief Operating Officer) and other senior executives.
    How many executives does Nuvama Group have?
    Nuvama Group has 6 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 Head Group Chief Financial Officer, Strategy, Chief Operating Officer, President & Chief Operating Officer, Chief Marketing Officer, Chief Human Resources Officer.