Bajaj Finserv has appointed veteran Kotak fund manager Lakshmi Iyer as its new Group President, Investments vertical, according to a statement.
Iyer has 27 years of expertise in financial services across wealth advisory, strategy and product solutions spanning fixed income, real estate and alternates. Iyer was earlier the CEO - Investments & Strategy, at Kotak Alternate Asset Managers Limited, and was associated with the Kotak Group for over two decades.
At Bajaj Finserv, Iyer will play a strategic role in defining the investment strategy and reviewing performance of its investments business. Her appointment comes at a time when Bajaj Finserv’s investment portfolio has crossed ₹2 lakh crore mark, with investments vertical identified as a strong area of growth.