By Ettech Last Updated
Copyright indiatimes
Wealth management platform Dezerv appointed former Accenture executive Susmit Patodia as group head of business and new initiatives, according to a company statement on Tuesday.An alumnus of IIM Bangalore, Patodia oversaw assets worth Rs 4,000 crore during his 12-year stint at Motilal Oswal. In over 21 years in financial services, he has also worked with Accenture, Edelweiss, and Antler.The appointment comes as Dezerv is targeting Rs 5 lakh crore in assets under management (AUM) in the long run. The company’s AUM crossed Rs 10,000 crore, comprising alternative investment funds (AIF), portfolio management services (PMS), and distribution assets like mutual funds in December 2024. The company has targeted Rs 25,000 crore in AUM by December this year.At Dezerv, Patodia will drive the company’s expansion strategy, with focus on service delivery across existing offerings, the company said. He will also identify and develop new verticals for expansion.”Susmit’s versatile background and strategic acumen will be instrumental as we set the stage for this next phase of scale. His appointment reflects our commitment to strengthening our current lines of business to serve both new and existing clients better, while simultaneously building out new business lines and channels,” said Sandeep Jethwani, cofounder, Dezerv.
