+
MF Central Appoints Non Executive Chairman And CEO
ECONOMY & POLICY

MF Central Appoints Non Executive Chairman And CEO

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Insurance is not a cost; it is protection for the balance sheet

As infrastructure projects grow larger and more complex, their risk profiles are evolving beyond physical damage. Underinsurance, business interruption, supply-chain disruptions, climate volatility, surety and transactional exposures can all have significant financial consequences. Mohan Agrawal, Director and Business Lead - Construction, Infra & Warehousing, EDME Insurance Brokers, discusses these emerging risks and the gaps in conventional insurance practices in a conversation with KAVITA PARAB, CW. He explains why infrastructure players need to view insurance not merely as a cost, but a..

Next Story
Equipment

Optimising Earthmoving

Constituting India’s biggest fleet of construction equipment by type, earthmovers positively impact project outcomes and company bottomlines if best practices are adopted. Here’s a guide from CW.Select the right machineOne of the biggest challenges in using earthmovers isn’t machine failure but using the wrong machine configuration for the application, according to Chaitanya Bhagde, P&M Head, SHC Projects. “Unless equipment is deployed after considering the soil type, excavation depth, haul distance and production target, the application will face low productivity, longer time depl..

Next Story
Real Estate

We engineer the way architecture gets built

DALBIR SINGH, Founder, HAACE, on the company’s bespoke approach to translating ambitious architecture into precisely engineered and executed structures.What does bespoke construction mean to HAACE, and how is it different from conventional contracting?For HAACE, bespoke construction means choosing the construction methodology around the design rather than forcing the design into a standard template. Every project is studied around its architectural intent, structural requirements and execution challenges. We deliberately take on a limited number of projects because this approach demands atte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code