MFC Technologies Private Limited (MFC Technologies), the joint venture between Computer Age Management Services Limited and KFin Technologies Limited, announced leadership appointments on 25 February 2026. Rajesh Krishnamoorthy was named chief executive officer and Supratim Bandyopadhyay was appointed non-executive chairman. The change completes a transition to a professionally governed stand-alone entity intended to serve India’s mutual fund ecosystem as a neutral, interoperable industry utility. The move supports the Securities and Exchange Board of India’s objective of a unified digital infrastructure.

MFC Technologies was set up after CAMS and KFintech collaborated to launch MF Central in 2021 in response to a regulatory directive to centralise investor servicing and standardise processes. The entity will oversee technology development, ecosystem integrations and platform governance for MF Central while preserving an arm's-length operating structure to maintain neutrality across registrars, asset management companies and intermediaries. The board and executive leadership will prioritise API-led integrations and expansion of standardised servicing capabilities for asset managers and intermediaries.

Rajesh Krishnamoorthy brings over three decades of experience across capital markets, financial planning and digital distribution. He previously served as Country Head for India at the Financial Planning Standards Board in the United States and was the founding managing director of the iFAST platform in India. He serves on boards and advisory bodies across the investment ecosystem and has contributed to industry and regulatory initiatives on investor advisory frameworks. His appointment prioritises strengthening execution, scaling technical interoperability and building an API-first infrastructure to support a wide range of transactions.

Supratim Bandyopadhyay has more than three decades of experience at the Life Insurance Corporation of India, including senior leadership in investments and pension fund management, and has served as chairman of the Pension Fund Regulatory and Development Authority. Leaders at CAMS and KFintech said the governance changes will strengthen MF Central's readiness to play an integrative role as the mutual fund ecosystem scales and digital expectations increase. The company will focus on expanding intermediary services, reinforcing digital architecture and security frameworks, and deepening ecosystem integrations for a standardised mutual fund servicing experience.