The fund management arm of InCred group, InCred Asset Management has roped in Mrinal Singh as its CIO and CEO. He was associated with ICICI Prudential AMC as a Deputy CIO and serving the company for over 12 years. He has proven instrumental in setting up its research processes, product strategy, as well as business and talent development during his journey.
Talking about the appointment, Bhupinder Singh, Founder & CEO of InCred Group, said “Mrinal has a phenomenal reputation in the Indian Asset Management industry. I am confident that with his long-term investment philosophy, focus on delivering sustainable returns over cycles, and passion for business building. We will see InCred Asset Management establish itself as a force to reckon with in the asset management market.”
This move came after the appointment of fund manager Punita Kumar Sinha as Chairperson and it has also acquired midcap equity AIF/PMS Vishuddha Capital.
With Mrinal coming on board, InCred Asset Management will aim to provide differentiated investment ideas across asset classes to establish itself in the rapidly growing Indian fund management industry. It aims to cater to the investment needs of Indian investors both for onshore and offshore products. Further, it eyes the global audience looking to invest in the India growth story.
