People Digest: Amazon’s fintech VP resigns; IIFL appoints heads for debt fund

REUTERS/Mike Segar/File Photo

By Pramugdha Mamgain

August 22, 2018

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

Amazon India’s fintech VP Sriraman Jagannathan has put in papers, reported The Economic Times. Jagannathan joined Amazon in January 2016, and was based out of Bengaluru.

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.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW