IIFL Asset Management has appointed Manoj Shenoy as the Chief Executive Officer (CEO). He joined the IIFL Wealth group last April as Executive Director, following its acquisition of L&T Capital Markets, a wholly-owned subsidiary of L&T Finance Holdings.

Shenoy has close to three decades of experience in the financial services industry. He also had a stint as CEO of EFG Wealth Management India, a subsidiary of ETG Bank, and was also Executive Director at Anand Rathi Financial Services.

Karan Bhagat, MD & CEO, IIFL Wealth Management, said the appointment of Shenoy will further strengthen IIFL position in the asset management industry.

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