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 Energy

KPIL announces new business wins worth Rs 22.25 bn

Kalpataru Projects International (KPIL) has secured new orders and a letter of comfort worth approximately Rs 20.31 billion in its power transmission and distribution (T&D) business across India and international markets. Additionally, its Swedish subsidiary, Linjemontage i Grästorp AB, has received an order worth approximately Rs 1.94 billion (SEK 200 million), taking the combined order value to Rs 22.25 billion.Commenting on the order wins, Manish Mohnot, Managing Director and CEO, KPIL, said the new orders reflect customer confidence in the company's execution capabilities and technical ex..

Next Story
Infrastructure Transport

Tiruchi Airport Handles over 20 t of Domestic Cargo in a Month

Tiruchi International Airport has handled more than 20 t of inbound and outbound domestic cargo since the facility was launched in late August. Outbound shipments have exceeded inbound volumes, with private carriers transporting goods to Chennai, Delhi, Bengaluru and Mumbai. The domestic cargo service began after the Bureau of Civil Aviation Security (BCAS), an independent department under the Ministry of Civil Aviation, granted clearance. The facility was introduced to give local businesses a faster route for sending goods to major domestic hubs, reducing their reliance on cargo routed throug..

Next Story
Infrastructure Urban

Gabriel India Forms Joint Venture with Forvia for Advanced Seating

Gabriel India, part of the US$2.6 bn Anand Group, has formed a joint venture with France-based Forvia to bring advanced seating systems and technologies to the Indian automotive market. The partnership expands Gabriel India’s participation in vehicle systems as automotive architectures become more sophisticated and customer requirements evolve. The joint venture, named Faurecia Anand Seating India, combines Forvia’s global seating technology expertise with Gabriel India’s manufacturing capabilities, customer relationships and understanding of the Indian automotive market. Forvia will hol..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code