Money & Banking

Northern Arc appoints Leo Puri as Independent non-executive chairman of Board

Our Bureau Chennai | Updated on March 19, 2019 Published on March 19, 2019

Northern Arc Capital (formerly IFMR Capital Finance) has announced the appointment of Leo Puri as its first Independent Non-Executive Chairman of the board. Puri’s addition is part of Northern Arc’s overall restructuring of its governance structure, and its aim to become a board-led financial services company with no identifiable promoter. Puri was the MD of UTI Asset Management Company till September 2018, prior to which he has been a senior partner at McKinsey as well as Managing Director at Warburg Pincus.

Published on March 19, 2019
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