MFC Technologies Private Limited (MFC Technologies), the joint venture between Computer Age Management Services Limited (CAMS) and KFin Technologies Limited (KFintech), has appointed Rajesh Krishnamoorthy as chief executive officer and Supratim Bandyopadhyay as non-executive chairman as it transitions into a professionally governed stand-alone entity serving India's mutual fund ecosystem. The appointments are intended to strengthen independent governance and to reinforce MF Central's role as a neutral, interoperable industry utility aligned with the Securities and Exchange Board of India’s vision of a unified digital infrastructure. The company will now operate with a dedicated board and full-time executive leadership.

MFC Technologies was established following the CAMS and KFintech collaboration to launch MF Central in 2021 in response to SEBI's directive to create a centralised platform to simplify investor servicing, enhance digital enablement and standardise mutual fund processes. The platform aims to provide standardised servicing capabilities for asset management companies, distributors, registered investment advisers and digital intermediaries. The transition to a board-led structure is meant to provide focus on technology development and ecosystem integration.

Rajesh Krishnamoorthy brings over three decades of experience across capital markets, financial planning and digital distribution and has held leadership roles including country head for the Financial Planning Standards Board in India and founding managing director of the iFAST platform in India. His appointment reflects a priority on strengthening execution, scaling API led integrations and expanding standardised servicing capabilities. Supratim Bandyopadhyay brings over three decades of experience at Life Insurance Corporation of India and experience as chairman of the Pension Fund Regulatory and Development Authority, reinforcing governance and pension fund management expertise.

Senior executives from CAMS and KFintech said that the governance changes will support neutrality, transparency and industry-wide enablement as mutual fund servicing scales and digital expectations rise. MFC Technologies will focus on expanding intermediary services, strengthening digital architecture and security frameworks and deepening ecosystem integrations to support a standardised mutual fund servicing experience. The leadership changes aim to build a resilient, secure digital rail for the industry while aligning operations with regulatory intent and investor convenience.