Corporate Crossings: PE firm Apax Partners appoints Leo Puri as Advisor of Apax and Chairman of Apax India

Puri also previously served as the Chairman of JP Morgan Chase for South and Southeast Asia, and currently sits on the Boards of Tata Sons, Hindustan Unilever, and Dr. Reddy’s.

Apax Partners LLP on March 13 announced that Leo Puri joined the private equity firm as an Advisor to Apax and Chairman of Apax India.

Leo Puri will advise Apax on the long-term growth strategy of the firm in the region, said the firm.

Puri will partner with Anurag Sud, Head of Apax India and the ten-strong India investment team, providing mentorship, strategic advice, operational input, and advice in assessing new investment opportunities

Sud will continue to lead and manage day-to-day operations in India, with support from London-based Partner Rohan Haldea.

Commenting on this announcement, Andrew Sillitoe, Co-CEO of Apax, said, "We are delighted that Leo is joining Apax as an advisor to work closely with our India team. He brings a wealth of experience and local knowledge, and we look forward to working closely with him."

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Leo Puri said he is 'proud' to be working with the talented Apax team in India and supporting the growth of the franchise in the region. "Apax India has an impressive heritage and track-record, and I look forward to building on this success, working closely with the team in Mumbai, as well as the wider global Apax team," he added.

Puri has extensive experience in private capital and the broader financial services industry, having held senior roles at UTI Asset Management, McKinsey & Company, and Warburg Pincus in India.

Rohan Haldea, Partner at Apax, said, "Leo has a truly impressive track-record of building and growing global, people-led organisations, and we’re incredibly pleased to welcome him to the firm. We know he will be an asset to our team as we look to continue strengthening our presence in what is, and continues to be, an incredibly exciting market for us."

Puri also previously served as the Chairman of JP Morgan Chase for South and Southeast Asia, and currently sits on the Boards of Tata Sons, Hindustan Unilever, and Dr. Reddy’s.

He has worked extensively in the UK, USA and Asia in a career spanning over three decades.

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