Aditya Birla Financial Services Group (ABFSG) has beefed up its investment team at Aditya Birla Private Equity, naming Amitvikram Sharma as additional Investment Director.
Aditya Birla Capital Advisers, the investment management company for Aditya Birla Private Equity Funds, has appointed Mr P.H. Ravikumar as an Independent Director to its board of directors, a press release issued here today said.
ABFSG has inducted Mr Shailesh Haribhakti as a member of the Advisory Board of Aditya Birla Private Equity Fund 1.
The move aligns with the strategy of Aditya Birla Private Equity to continuously strengthen the capabilities of its investment team and enhance its governance capabilities consistently so that it is advantageously positioned in the ever-changing business landscape, the release said.
In his new role, Mr Amitvikram will be responsible for originating investment deals, taking investment calls, managing portfolio companies, raising fund(s) and maximising investment performance.
He joins Mr Rahul Shah, another Investment Director at the company and will functionally report to Mr Bharat Banka, Aditya Birla Private Equity CEO, the release said.
Aditya Birla Capital Advisors had recently inducted Mr P.H. Ravikumar as an Independent Director to its board of directors. He is an Independent Director on the boards of several companies including Federal Bank.
Mr Shailesh Haribhakti, who is roped in as a member of the Advisory Board of Aditya Birla Private Equity-Fund 1, joins other eminent members of the Advisory Board such as Maruti Suzuki India’s Chairman Mr R.C. Bhargava and ex-Director at IIT Bombay, Mr Ashok Misra, the release said.