IIFL Capital Services Limited (formerly IIFL Securities Limited) has designated Amit Gupta as its Chief Compliance Officer (CCO). He has also been identified as a Senior Management Personnel (SMP) of the company. The appointment comes in place of Prasad Umarale, who has stepped down from the role.
Amit Gupta is a Chartered Accountant with more than two decades of experience in regulatory compliance, corporate governance and risk management across the financial services sector. His expertise spans Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), Registered Investment Advisers (RIAs), wealth management, offshore fund structures and mutual funds.
Prior to joining IIFL Capital Services, Gupta served as Group Chief Compliance Officer at ASK Investment Managers, where he led regulatory compliance, regulatory liaison and enterprise-wide compliance transformation initiatives. He brings extensive experience in regulatory affairs, policy advocacy, compliance automation and risk monitoring, having worked closely with regulators, institutional stakeholders and industry bodies to strengthen governance frameworks and compliance practices.
The appointment reflects the company’s continued focus on strengthening compliance oversight, governance standards and risk management capabilities across its operations.
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