In the latest people moves, Amazon India’s fintech VP Sriraman Jagannathan has quit the company citing personal reasons while IIFL Asset Management has appointed Pranob Gupta and Abhinav Jain to lead its structured debt fund.
Amazon’s fintech VP resigns
Prior to this, he worked with IDFC Bank as its chief digital and data officer. He was also instrumental in setting up and launching Airtel money nationally, according to his LinkedIn profile.
“Sriraman Jagannathan has decided to move on from Amazon for personal/ family reasons,” said the report quoting Amazon statement. The financial services portfolio currently managed by Jagannathan will be overseen by Amazon Pay head Mahendra Nerurkar, who took over as Amazon Pay chief executive earlier this year.
IIFL appoints heads for debt fund
IIFL Asset Management, part of IIFL Investment Managers, on Tuesday announced the appointments of Pranob Gupta and Abhinav Jain to lead the structured debt fund under the Alternative Investment Fund management platform.
The duo will lead investing in structured credit opportunities, for Indian corporates and promoters, it said in a statement.
Prior to joining IIFL Asset Management business, Pranob Gupta was associated with KKR India where he was a senior structured finance originator. Earlier, he was associated with Citibank NA, Credit Suisse and Deutsche Bank among others. Abhinav Jain used to run his own Advisory and was earlier associated with Capital First and Deutsche Bank among others.