JM Financial, an integrated and diversified financial services group, recently announced that it has strengthened its leadership team by appointing Chirag Negandhi as managing director of JM Financial Limited.
In this role, Chirag will oversee various Group businesses, including institutional equities, equity capital markets, private wealth, alternative investments, portfolio management services, and real estate advisory services.
Who is Chirag Negandhi?
Chirag brings with him over two decades of leadership expertise in capital markets. Prior to joining JM Financial, he worked with Axis Capital.
Chirag has led some of India’s largest equity raises and worked closely with several leading corporates. He is a management graduate from Purdue University, Indiana, USA and is also a recipient of the prestigious ’40 under 40’Award by the Economic Times.
Chirag Negandhi, Vishal Kampani, Non-executive Vice Chairman, JM Financial Ltd said, “We are delighted to have Chirag on board. He is a significant addition to our senior leadership team. Chirag, with his wealth of experience, deep understanding of the market, proven track record of delivering value and strategic vision will further strengthen our growth outlook. I welcome Chirag to the JM Financial group and wish him success in his leadership role.”
Chirag Negandhi said, “I am excited to join JM Financial, a pioneering institution which is on a growth path. I look forward to contributing to the growth and legacy of the group. With the talented team across JM Financial, we’ll work towards capturing emerging opportunities and taking business to the higher trajectory.”
What does JM Financial do?
JM Financial is an integrated and diversified financial services group. The Group’s primary businesses include Investment Bank, which caters to Institutional, Corporate, Government and ultra-net-worth clients and includes investment banking, institutional equities and research, private equity funds, fixed income, private wealth management, PMS, syndication and finance.
Another business the company focuses on is Mortgage Lending, which includes wholesale mortgage lending (primarily catering to real estate developers) and retail mortgage lending (affordable home loans and secured MSME).
The company also provides Alternative and Distressed Credit, including the asset reconstruction business and alternative credit funds.
Lastly, Asset management, Wealth management and Securities business (Platform AWS) provide an integrated investment platform to individual clients. It includes elite and retail wealth management business, broking and mutual fund business.
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