PGIM INDIA
CORE EQUITY PORTFOLIO
PHOENIX Portfolio
Chief Executive Officer
PMS Portfolio Manager
Associate Director
Independent Director
Experience
Ajit Menon is the Chief Executive Officer of PGIM India Asset Management Pvt. Ltd. As CEO, Ajit oversees all aspects of the asset management business, including mutual fund and portfolio management services. Ajit is responsible for the direction of the business and its growth strategy. As a dynamic and result oriented leader, he brings to the table keen analysis, insights and a team approach to drive organizational improvements and implementation of best practices.
An industry veteran, Ajit has over two decades of leadership experience in business strategy, distribution, sales and marketing. He joined PGIM India from Tata Asset Management Company where he was Head of Strategy.
Prior to Tata AMC, Ajit spent over 15 years with DSP Blackrock where he played a key role in the growth of the business. He is associated with key industry bodies and is a sought after speaker at various domestic forums and conferences. He has authored papers on matters pertaining to the AMC business, co-designed a six-month certification course in wealth management and a two-month retirement readiness certification course for business partners.
Surjitt Singh Arora is Portfolio Manager – Portfolio Management Services at PGIM India Asset Management Private Limited. He is the Portfolio Manager for PGIM India Phoenix Portfolio and PGIM India Core Equity Portfolio.
Educational Background
Surjitt holds a Bachelor’s degree in Management Studies from Sydenham College, Mumbai and a Master’s degree in Management Studies from Sydenham Institute of Management and Research (SIMSREE), Mumbai.
Professional History
Surjitt Singh Arora has more than 16 years of rich work experience in the Equity Markets including over 6 years in the asset management industry. In his last stint, Surjitt was Head - PMS and Principal Officer with Tata Asset Management. Prior to that he was with Tata Mutual Fund as Equity Research Analyst.
Chairman & Managing Director of Dewan Housing Finance Corporation Limited
Mr. Wadhawan is the Chairman & Managing Director of Dewan Housing Finance Corporation Limited (DHFL). He assumed charge of DHFL in October 2000 and under his leadership, DHFL has transformed into a financial services group, retaining its core focus on enabling affordable home finance for the lower and middle income customer segment. With far sighted strategies, Mr. Wadhawan has led DHFL to become the 2nd largest private sector player in the home finance space in India. Currently, the group’s interest in BFSI sector is spread across life insurance, mutual fund, alternate investment fund, education loans apart from home and mortgage finance. Wadhawan Global Capital Private Limited is the core investment company and the holding company of the promoter entities’ interest in financial services sector of which Mr. Wadhawan is the Chairman.
Mr. Mahalingam is the Member - Group Management Council of Rajesh Wadhawan Group
Mr. Mahalingam is the Member - Group Management Council of Rajesh Wadhawan Group, which is the promoter group of Dewan Housing Finance Corporation Limited (DHFL).
In his early days of career, he joined ITC, one of India’s largest FMCG companies, where he spent over 17 years managing Sales & Distribution, before moving to Brand and Strategy Management, finally culminating in heading ITC’s largest business zone. With the liberalization of the Indian Insurance Industry, he joined HDFC Life to head the Sales and Marketing function, where he was instrumental in the creation of one of the most recalled brand positioning in recent times – ‘Sar uthake jiyo’–which propelled the Company to become one the top five life insurance companies.
Thereafter, he served as MD and CEO of Tata AIA Life - a role he assumed in 2008 during testing times –also witnessed landmark growth with the Company tripling its assets under management under his leadership.
Mr. Jan Van Den Berg is the President of the Asia Region (non-Japan) of the international insurance operation of Prudential Financial, Inc. (PFI). As the President of Asia Region (non-Japan) Van Den Berg provides support and oversight to PFI’s insurance businesses in the Asia Region (non-Japan).
He joined PFI in 2011 from AXA, where he served as Chief Executive Officer, AXA Asia Pacific General Insurance, since 2007, and was responsible for insurance operations in 10 countries including China, India, Japan and South Korea. Between 2000 and 2007, Van Den Berg was Chief Executive Officer, AXA Netherlands, an operation that provided life, health and general insurance.
Prior to joining AXA, Van Den Berg held a variety of positions at the ING Group in the Netherlands, including: Regional Director of an operation selling life, health and general insurance; Program Manager Restructuring, charged with coordinating a large-scale merger of ING’s life and general insurance companies; and Director, Individual Life Division, where he oversaw development of an award-winning universal life insurance product.
Mr. Indrasena Yalala Reddy is the Chief Technology and Operations Officer (CT&OO) for PGM Investments. His responsibilities include all aspects of technology strategy and delivery, and operations functions including Fund Administration, Transfer Agency, and Client Service. He had most recently served as Global Head of Technology and Operations for Citi Private Bank & Personal Wealth Management.
During his 15 years at Citi, he led a large group of Technology and Operations staff and implemented an impressive set of strategic initiatives – Platform Convergence, Globalization, Automation and Digitization. He also drove the Mobile & Digital strategy and deployed unified web and mobile platform which significantly improved Bankers and Clients experience.
Prior to joining Citi, he held senior technology positions at Deutsche Bank and Credit Suisse where he led a large group of technology team and implemented various global platforms in the US and Europe. He has received various industry awards including “Best Innovator in Wealth Management” by Euromoney, “Premier 100 IT Leaders” by Computer World, and “Elite 100 Winners” by Information Week.
Dr. V. R. Narasimhan has more than 34 years of experience in securities market and financial service sector. The last position he held was Chief of Regulatory Division of National Stock Exchange, prior to which he was the Group Head, Compliance (Capital Markets) at Kotak Mahindra Bank. He has also worked with Kotak Mahindra Asset Management Company as Chief Compliance Officer, National Securities Depository Limited as Senior Vice President and Securities and Exchange Board of India as Division Chief, Secondary Markets.
Dr. Narasimhan was a member of regulations drafting committee for Forward Markets Commission, Government of India. He is also a member of various committee of Institute of company Secretaries of India. Dr. Narasimhan was also member in the committee to firm up questionnaire for NCEAR investor survey and faculty for induction program for new recruits at SEBI and member for selection of resource persons; member of syllabus framing committee - contributed to framing the course content for broker, mutual fund, registrar and transfer agent test programs at NISM.
Qualification
Chartered Wealth Manager (CWM) – Honorary, Licensed International Financial Analyst (LIFA), MBA (Finance), B.Com.
Mr. Rajesh Krishnamoorthy has more than 22 years of experience in the finance industry. The last position he held was Country Head – India (LO) in Financial Planning Standards Board Ltd, US where he was responsible for all activities of FPSB in India. He has also worked with iFAST India Holdings Pte Ltd, Singapore as Vice Chairman and iFAST Financial India Pvt Ltd. as Managing Director. He has held position of Chief consultant for Collaborative Distribution Expansion Project.
Mr. Rajesh Krishnamoorthy was a member of Committee of Investment Adviser Regulations (SEBI), Retirement Adviser Certificate Examination (National Institute of Securitie Markets), Investment Adviser Certificate Examination (National Institute of Securities Markets). He was also amember and coordinator for SEBI Working Group on Investment Adviser Regulations, 2013.
Mr. Rajesh Krishnamoorthy has handled multiple roles at Fidelity Asset Management and Fidelity Funds Network, in India and ICICI Bank. Formerly, he has also been part of Corporate Treasury Management in Tata Housing Development Co.
B.Sc. (Mathematics, Statistics and Physics), Post-Graduation (Economics), University of Madras
Mr. Muralidharan has over 33 years of experience in the Banking Financial Services and Insurance Sector. Over the last decade, he has held CEO/COO / Top Leadership positions across institutions such as ICICI Bank, Dhanlaxmi Bank and L&T Financial Services. Presently he is a Practice Head- Leadership Development at the Leadership Centre (www.leadershipcentre.in). He also mentors two Tech start ups one in Delhi, India and another in the Silicon Valley. He does pro-bono work with organizations that provide opportunities and better environment for People with Disabilities.
His long tenures have been with the country’s largest Public and Private Sector Banks - State Bank of India (9 years) and ICICI Bank (13 years). His wide experience spans Corporate Banking, Retail Banking, Branch and Digital Channels, Strategy, Technology, Operations and Transformational Projects in Customer Experience some of which were industry-first initiatives. At ICICI Bank, he was a part of the team that set up the Bank in 1994 and went on to become General Manager – Global Operations Group. His transformational work in Dhanlaxmi Bank where he was the President and Chief Operating Officer won him The Asian Banker Award in 2012.
He retired as the Group Head at L&T Financial Services (Financial Services arm of the Engineering Giant Larsen & Toubro) where he led the Operations, Technology, Credit Mid office and Corporate Social Responsibility across the entire spectrum of Infrastructure and Project Finance, Retail Lending and Rural Finance, Asset Management, Wealth Management and Insurance businesses. Mr. Muralidharan was the member of the Group Executive Council, the Apex Body of the group.
Through his career, Mr. Muralidharan has been a part of Strategic and Leadership committees and has held Board Positions in the business and not for profit organizations. He was also the Vice-Chair of Custommerce Service Excellent Foundation. Mr. Muralidharan has been a regular speaker in industry fora and facilitated sessions in leading institutions such as National Institute of Bank Management, Tata Management Training Centre and the like. Mr. Muralidharan has throughout his career been part of strategic and transformational initiatives across the institutions he was a part of both in business and enterprise functions. Also. Mr. Muralidharan has actively been engaged in building and facilitating capability development and leadership development.
Masters in Education, Undergraduate in Finance
Mr. David Wan Chang oversees PGIM’s asset management businesses in India (PGIM India) and Taiwan (PGIM SITE), and PGIM’s joint venture on the Chinese mainland with partner Everbright Securities.
Prior to joining PGIM, he has worked with Franklin Templeton where he spent more than 20 years, formerly as the CEO and regional head for Greater China since 2007, responsible for driving business across Hong Kong, the Chinese mainland and Taiwan, and more recently as senior advisor providing guidance and strategic counsel to the APAC team.
He also held previous senior sales and business development roles at the firm.
He currently sits on the Board of Independent Advisors to the Family Office Association in Hong Kong, providing advice on family governance, running family business, philanthropy and all other areas that can add value to the Family Office Hong Kong community, and is an independent advisor to the Raffles Family Office in Hong Kong.
CFA Charterholder, CAIA Charterholder and BSc. Finance, First Class Honours, University College Cork
Ms. Caroline McDonagh has more than 16 years of experience in areas including Investment, Portfolio Management and Risk.
She is currently part of Investment Risk team of PGIM Investment, Dublin wherein she oversees the UCITs platform from a risk perspective and works closely with Investment Management to create an holistic overview suitable for UCITs guidleines..
Ms. McDonagh has also handled multiple roles at Federated Hermes Multi Asset – London in Risk and Investment Function.