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Who is the Owner of IIFL Wealth?

Published in Wealth Management Leadership 1 min read

Karan Bhagat is the founder, Chief Executive Officer (CEO), and Managing Director (MD) of IIFL Wealth & Asset Management, positioning him as the key individual associated with its establishment and strategic leadership.

The Role of Karan Bhagat

As an Indian entrepreneur and investor, Karan Bhagat was instrumental in founding IIFL Wealth & Asset Management, a prominent Indian wealth management firm. His extensive involvement and top leadership roles underline his central connection to the company:

  • Founder: Karan Bhagat conceived and established IIFL Wealth, laying the groundwork for its operations and growth. This role signifies his foundational ownership and vision for the company.
  • CEO (Chief Executive Officer): In his capacity as CEO, he is responsible for the overall management and strategic direction of the firm. This executive leadership is intrinsically linked to the operational control and success of the business.
  • MD (Managing Director): Holding the position of Managing Director further solidifies his pivotal role in the company's governance and day-to-day management.

These combined roles highlight Karan Bhagat as the driving force behind IIFL Wealth & Asset Management, making him the principal figure associated with its creation, ongoing leadership, and significant stake in its direction and future.