Nuvama Group Executive and Leadership Team

July, 2026

Leadership Overview

Nuvama Group has 7 executives leading key functions including strategy, operations, marketing, finance, 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 Information Officer, Equity Alternatives - Nikhil Ranka
  • Chief Human Resources Officer - Jasbir Kochar
  • 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 mission to provide personalized solutions for High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients. This leadership role involves fostering innovation in wealth management, asset management, and capital markets services, directly impacting client wealth creation and preservation journeys. Overseeing all business units, Ashish Kehair ensures the integration of a tech-driven approach with the company's legacy in financial services, driving sustainable growth and market leadership. The Chief Executive Officer's focus remains on enhancing client value and solidifying Nuvama Group's position as a premier financial partner, supported by strategic alliances and a commitment to excellence across all operations.
    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 development for the organization. Kalsi oversees the financial health of the company, ensuring robust capital management and investment strategies that support the wealth management, asset management, and capital markets divisions. This critical role involves evaluating new business opportunities and partnerships, aligning financial resources with the company's growth objectives and client-centric mission. Managing the group's financial operations, Bharat Kalsi ensures compliance with regulatory requirements and drives initiatives for operational efficiency. The Head Group Chief Financial Officer, Strategy's expertise is vital in navigating the complexities of the financial services sector, supporting Nuvama Group's commitment to delivering superior client outcomes and preserving wealth.

    Vishal Ved - Chief Operating Officer

    Vishal Ved, the Chief Operating Officer at Nuvama Group, executes the operational framework supporting the company's diverse client base, including affluent individuals, small business owners, and institutional investors. Ved optimizes internal processes and resource allocation to enhance service delivery in wealth management, asset management, and capital markets. This role is critical for ensuring the seamless integration of technology into daily operations, directly supporting the goal of meeting specialized financial needs. Overseeing day-to-day functions, Vishal Ved drives efficiency and scalability across the organization, ensuring that Nuvama Group can effectively manage over 4.4 trillion in assets. The Chief Operating Officer's responsibilities extend to managing operational risks and implementing best practices that uphold the company's client-first philosophy and its commitment to wealth preservation for all client segments.
    Vishal Ved

    Riyaz Marfatia - President & Chief Operating Officer

    Riyaz Marfatia, the President & Chief Operating Officer at Nuvama Group, spearheads the operational execution and strategic initiatives across the company's diverse service offerings. Marfatia ensures the seamless delivery of wealth management, asset management, and capital markets solutions, catering to High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients. This leadership position involves optimizing operational workflows and enhancing client service delivery through a tech-driven framework. Overseeing key business functions, Riyaz Marfatia drives operational excellence and scalability, supporting Nuvama Group's mission to facilitate wealth creation and preservation. The President & Chief Operating Officer's focus on strategic implementation and operational efficiency is fundamental to maintaining the company's competitive edge and commitment to client success in the dynamic financial landscape.
    Riyaz Marfatia

    Sujay Rachh - Chief Marketing Officer

    Sujay Rachh, the Chief Marketing Officer at Nuvama Group, architects the brand strategy and market positioning for the wealth management platform. Rachh drives initiatives to communicate Nuvama's value proposition to High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients, emphasizing personalized solutions and a tech-driven approach. This leadership function involves developing targeted campaigns that highlight the company's expertise in wealth creation and preservation. Overseeing all marketing and communications efforts, Sujay Rachh ensures consistent brand messaging across all channels, reinforcing Nuvama Group's commitment to client success. The Chief Marketing Officer's strategic focus includes expanding market reach and deepening client engagement, leveraging insights from the diverse client base to inform marketing strategies and drive business development.

    Nikhil Ranka - Chief Information Officer, Equity Alternatives

    Nikhil Ranka, the Chief Information Officer, Equity Alternatives at Nuvama Group, leads the technology strategy and implementation for the equity alternatives division and broader IT infrastructure. Ranka drives the development and deployment of innovative technological solutions that enhance client experience and operational efficiency within wealth management and asset management services. This role is pivotal in ensuring Nuvama Group's tech-driven approach effectively supports the unique financial needs of its diverse client base. Overseeing all aspects of information technology, Nikhil Ranka ensures data security, system reliability, and the integration of cutting-edge technologies. The Chief Information Officer, Equity Alternatives' expertise is crucial for maintaining Nuvama Group's competitive advantage and its commitment to delivering sophisticated, client-first wealth management solutions.

    Jasbir Kochar - Chief Human Resources Officer

    Jasbir Kochar, the Chief Human Resources Officer at Nuvama Group, directs the human capital strategy to support the company's growth and client-focused mission. Kochar oversees talent acquisition, development, and retention initiatives, ensuring Nuvama Group attracts and cultivates a skilled workforce capable of delivering exceptional wealth management, asset management, and capital markets services. This leadership role is essential for fostering a culture that aligns with the company's values of client-first service and innovation. Managing all HR functions, Jasbir Kochar ensures that employee programs and policies support the strategic objectives of meeting specialized financial needs for High Net Worth Individuals, Ultra High Net Worth Individuals, and corporate clients. The Chief Human Resources Officer's contributions are vital to building a high-performing team dedicated to client success and the preservation of wealth.

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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.