MF Central Strengthens Governance With New CEO And Chairman

04 Mar 2026 CW Team

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. The change transitions MF Central into a professionally governed stand?alone entity serving India’s mutual fund ecosystem. The move aims to strengthen independent governance and reinforce MF Central’s role as a neutral industry utility.\n\nMFC Technologies was formed in 2021 by CAMS and KFintech to implement SEBI’s directive for a centralised platform to simplify investor servicing, enhance digital enablement and standardise mutual fund processes. The board?led structure will provide an arm’s?length operating model to support neutrality among registrars, asset management companies and intermediaries. The company will oversee technology development, ecosystem integrations and platform governance for MF Central.\n\nRajesh Krishnamoorthy brings more than three decades of experience in capital markets, financial planning and digital distribution and previously led the Financial Planning Standards Board in India and the iFAST platform in India. He serves on boards and advisory groups and has contributed to industry and regulatory initiatives on investor advisory frameworks. His role will focus on strengthening execution, scaling API?led integrations and expanding standardised servicing for asset management companies, distributors, registered investment advisers and digital intermediaries.\n\nSupratim Bandyopadhyay has held senior roles at Life Insurance Corporation of India and served as chairman of the Pension Fund Regulatory and Development Authority. His mandate will be to uphold corporate governance standards and maintain regulatory alignment as the platform scales. The leadership will prioritise resilience, security and interoperability while preserving MF Central’s neutral operational stance.\n\nCAMS, India’s largest registrar and transfer agent of mutual funds by average assets under management (AAuM), holds about 68 per cent market share and will support the initiative alongside KFintech, a leading technology driven investor solutions provider. MFC Technologies will expand intermediary services, strengthen digital architecture and security frameworks and deepen ecosystem integrations to deliver standardised mutual fund servicing experience. Stakeholders expect the governance changes to accelerate development of a unified, investor?centric digital infrastructure.

Infrastructure Urban

02 Jun 2026

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