Nuvama Group Executive and Leadership Team

October, 2026

Leadership Overview

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

Committed to delivering client-first wealth management solutions, Nuvama Group leverages strategic alliances and a strong legacy to provide personalized financial services for high-net-worth individuals and corporate clients across diverse markets.

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 planning and strategic investment framework of the organization. Kalsi architects the capital allocation strategies that support the firm's growth and wealth management objectives. By overseeing financial reporting and risk management, the Head Group Chief Financial Officer, Strategy ensures the stability of the firm's 4.4 trillion in assets. Bharat Kalsi manages the alignment of financial resources with the company's long-term vision, ensuring that strategic initiatives receive the necessary funding and oversight. This role involves constant interaction with the board to evaluate market opportunities and financial performance. Through the rigorous analysis of fiscal data, Kalsi drives profitability and ensures the firm remains well-positioned to meet the specialized needs of its diverse client base. The Head Group Chief Financial Officer, Strategy maintains a focus on financial health, ensuring that the company's legacy and strategic alliances continue to generate value.

    Vishal Ved - Chief Operating Officer

    Vishal Ved, the Chief Operating Officer at Nuvama Group, manages the internal infrastructure and operational efficiency of the wealth management platform. Ved focuses on streamlining the delivery of personalized solutions for corporate clients and small business owners. By optimizing internal workflows, the Chief Operating Officer ensures that the tech-driven approach remains scalable and responsive to market demands. Vishal Ved oversees the implementation of operational protocols that support the firm's 4.4 trillion in assets, ensuring seamless execution across all service lines. This role requires constant coordination with technology teams to enhance the digital experience for institutional investors. Through the refinement of operational processes, Ved drives productivity and reduces friction in the wealth management lifecycle. The Chief Operating Officer maintains a sharp focus on operational excellence, ensuring that the firm consistently meets the specialized financial needs of a diverse and growing client base.
    Vishal Ved

    Riyaz Marfatia - President & Chief Operating Officer

    Riyaz Marfatia, the President & Chief Operating Officer at Nuvama Group, directs the execution of complex business operations and strategic partnerships. Marfatia focuses on the logistics of capital markets and asset management, ensuring that the firm's service delivery remains robust and compliant. By overseeing the integration of strategic alliances, the President & Chief Operating Officer strengthens the firm's market position and operational reach. Riyaz Marfatia manages the cross-functional teams responsible for delivering specialized financial services to UHNIs and corporate clients. This role involves balancing immediate operational requirements with the long-term goals of the organization. Through the implementation of rigorous performance metrics, Marfatia drives efficiency and ensures that the firm's operations support the overarching mission of client-first wealth management. The President & Chief Operating Officer maintains a focus on scaling the business, ensuring that the infrastructure can support the firm's significant asset base while maintaining high standards of service quality.
    Riyaz Marfatia

    Sujay Rachh - Chief Marketing Officer

    Sujay Rachh, the Chief Marketing Officer at Nuvama Group, directs the brand strategy and market engagement initiatives for the wealth management platform. Rachh architects campaigns that highlight the firm's expertise in wealth preservation and creation for high-net-worth individuals. By analyzing market trends and client behavior, the Chief Marketing Officer ensures that the company's value proposition resonates with target segments, including affluent individuals and institutional investors. Sujay Rachh oversees the development of communication channels that emphasize the firm's tech-driven approach and legacy in financial services. This leadership role involves managing the brand identity to maintain trust and authority in the competitive finance sector. Through strategic outreach and digital marketing efforts, Rachh drives brand awareness and client acquisition. The Chief Marketing Officer continuously refines the firm's messaging to reflect the evolving needs of the market, ensuring that the company remains the preferred partner for sophisticated wealth management solutions.

    Jasbir Kochar - Chief Human Resources Officer

    Jasbir Kochar, the Chief Human Resources Officer at Nuvama Group, directs the talent acquisition and organizational development strategies for the wealth management platform. Kochar architects programs that foster a culture of excellence, ensuring that the firm attracts and retains top-tier professionals capable of delivering personalized financial solutions. By overseeing performance management and employee engagement, the Chief Human Resources Officer ensures that the workforce remains aligned with the company's client-first mission. Jasbir Kochar manages the development of training initiatives that support the firm's tech-driven approach, ensuring that staff possess the necessary skills to serve high-net-worth individuals effectively. This role involves building a high-performance environment that supports the firm's growth and operational goals. Through the implementation of strategic human capital policies, Kochar drives organizational agility and ensures that the firm's human resources are optimized to meet the complex demands of the financial services sector, ultimately supporting the firm's long-term success.

    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 high-net-worth individuals. By aligning corporate objectives with the evolving needs of affluent clients, the Managing Director ensures the firm maintains a competitive edge in the financial services sector. Prakash Sharma drives the expansion of the client base, focusing on the unique wealth creation and preservation journeys of UHNIs. This leadership role involves constant collaboration with the board to optimize the tech-driven approach that defines the company. Through rigorous oversight of market positioning, the Managing Director secures the firm's reputation as a premier provider of personalized financial solutions, ultimately fostering sustainable value for all stakeholders involved in the broader investment ecosystem.

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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.