PIVOT Management launches GIFT City Advisory 10 October 2025India Reporter: Zarah Choudhary
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PIVOT Management, a firm that provides non-advisory and technological solutions globally in securities services and market infrastructure, has launched a new segment, Gujarat International Finance Tec-City (GIFT) City Advisory.
The new segment will be led by Arup Mukherjee as consulting director.
PIVOT is a founding member of The Securities Services Advisory Group (TSSAG) and the India founding member of Delphi Alliance.
Mukherjee brings over 38 years of experience in the corporate and capital markets sector, which includes over three decades with exchange and clearing corporations such as National Stock Exchange (NSE) and its group companies and at the Indian Clearing Corporation (ICC).
His most recent role has been managing director and CEO of India International Clearing in GIFT City, Gujarat.
Mukherjee’s expertise spans across equities, derivatives, clearing and settlement, risk management, compliance investor services, custodial operations, education and training, and international financial services.
Viraj Kulkarni, founder and CEO at PIVOT, says: “We are delighted to welcome Arup to the PIVOT leadership team.
“His unparalleled experience and deep understanding of market infrastructure institutions, market participants, regulations, compliance, and GIFT City dynamics will be invaluable as we continue to expand our advisory footprint in India and globally.
“With the addition of this jurisdiction, we extend our expertise for greater coverage of capital markets.”
Commenting on his appointment, Mukherjee adds: “I am delighted and excited to be a part of PIVOT's team to take forward this new initiative at GIFT City.
“The International Financial Services Centre (IFSC) at the GIFT City, Gujarat, is a pathbreaking initiative and a visionary step by the Govt of India, the Govt of Gujarat and the regulatory bodies.
“I am privileged to lead this initiative for PIVOT at GIFT City."
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