Quant Mutual Fund ramps up leadership with seven top hires, appoints new CEO

Sandeep Tandon-owned Quant Mutual Fund has significantly expanded its senior management, onboarding seven new leaders, including a CEO, in the past nine months. This move signals a shift from its owner-driven, low-cost model towards a more institutionalized framework akin to industry norms.

The asset management player noted its endeavour remains to continue generating superior risk-adjusted returns for our investors, backed by our dynamic style of money management.

"As we move forward, we will invest further in expanding our teams and capabilities. We shall devote ourselves to further fortification of our infrastructure and investment in the expansion of our team," it added, in a note to unitholders.

The mutual fund has made the following hires over the past nine months:

• Shashi Kataria, CFO & Director, brings 20 years of expertise from PPFAS AMC.


• Usha Lakshmi Raman, the new CCO, has over 30 years of experience, previously holding leadership roles at SBI AMC and JPMorgan.


• Sudha Biju, Head of Investor Services, joins with two decades of experience from HDFC AMC and HSBC Asset Management.


• Premprakash Dubey, Head of Operations, adds 19 years of expertise from PPFAS AMC and DSP Mutual Fund.


• Yogesh Kuwad as a consultant for process reviews


• Sameer Kate as a proposed money manager


• Lastly, a new CEO with regional and global expertise is expected to join by April 2025.

Quant Mutual Fund added that its aim is to establish ourselves as a trusted wealth manager for the many, guiding an ever-growing number of Indian households toward a more secure and prosperous financial future. "We extend our most heartfelt gratitude to you for being a most essential part of our endeavours," wrote the fund in its December factsheet.