Carne Group appoints Shastry as Chief Capital Markets and Distribution Officer
14 September 2026 Europe
Image: Carne Group
Carne Group, a third-party management company and a provider of fund regulation and governance solutions, has appointed Keshava Shastry as chief capital markets and distribution officer.
Shastry will work across Carne to strengthen the group’s capabilities across capital markets, including ETFs, private markets, product structuring, and distribution, while helping position the firm for broader investment-market opportunities and the evolution of digital and tokenised financial infrastructure.
With more than two decades of international executive experience building and scaling businesses and leading multi-disciplinary teams across global markets, ETFs, asset management, and financial infrastructure, Caren says Shastry brings a senior practitioner perspective that complements the deep regulatory, product, and operational expertise already within Carne.
He also brings longstanding institutional relationships across public and private markets.
He joins from First Abu Dhabi Bank (FAB), where he was senior managing director and global head of sales, serving on the Global Markets Executive Committee.
He also spent more than a decade at Deutsche Bank and DWS, where he was global head of Capital Markets, managing trading eco-system partnerships and advising clients on asset allocation implementation as well as market structure and regulatory coordination.
He previously served as head of Capital Markets at Credit Suisse, and ran the iShares markets team at BlackRock and Barclays Global Investors.
Shastry was chair of both the Investment Association’s ETF committee and the European Fund and Asset Management Association’s ETF task force.
Commenting on his appointment, Shastry says: “As public and private markets become increasingly connected, and digital infrastructure enters mainstream finance, clients are asking for help in navigating a more complex set of choices around products, markets, and distribution.
“Carne already has a distinctive foundation of independence, regulatory credibility, trusted client relationships and an embedded position across the fund lifecycle. I’m excited to work with colleagues across the firm, and our industry partners, to build on those strengths — bringing deeper market and practitioner insight to help clients make better decisions, access new opportunities, and launch products with greater speed and confidence, and grow.”
John Parkhouse, president of Carne Group, adds: “Keshava is a highly execution-focused individual, with a rare combination of experience, that will help us bring market insight and execution closer together, so we can identify issues earlier, reduce friction and help clients bring the right solutions to market faster and more effectively.
“He will also strengthen our fund product development, structuring and distribution intelligence capabilities, and represents a significant addition to our leadership, which is great news for Carne, and great news for our clients, so I’m delighted to be welcoming Keshava to the team.”
Shastry will work across Carne to strengthen the group’s capabilities across capital markets, including ETFs, private markets, product structuring, and distribution, while helping position the firm for broader investment-market opportunities and the evolution of digital and tokenised financial infrastructure.
With more than two decades of international executive experience building and scaling businesses and leading multi-disciplinary teams across global markets, ETFs, asset management, and financial infrastructure, Caren says Shastry brings a senior practitioner perspective that complements the deep regulatory, product, and operational expertise already within Carne.
He also brings longstanding institutional relationships across public and private markets.
He joins from First Abu Dhabi Bank (FAB), where he was senior managing director and global head of sales, serving on the Global Markets Executive Committee.
He also spent more than a decade at Deutsche Bank and DWS, where he was global head of Capital Markets, managing trading eco-system partnerships and advising clients on asset allocation implementation as well as market structure and regulatory coordination.
He previously served as head of Capital Markets at Credit Suisse, and ran the iShares markets team at BlackRock and Barclays Global Investors.
Shastry was chair of both the Investment Association’s ETF committee and the European Fund and Asset Management Association’s ETF task force.
Commenting on his appointment, Shastry says: “As public and private markets become increasingly connected, and digital infrastructure enters mainstream finance, clients are asking for help in navigating a more complex set of choices around products, markets, and distribution.
“Carne already has a distinctive foundation of independence, regulatory credibility, trusted client relationships and an embedded position across the fund lifecycle. I’m excited to work with colleagues across the firm, and our industry partners, to build on those strengths — bringing deeper market and practitioner insight to help clients make better decisions, access new opportunities, and launch products with greater speed and confidence, and grow.”
John Parkhouse, president of Carne Group, adds: “Keshava is a highly execution-focused individual, with a rare combination of experience, that will help us bring market insight and execution closer together, so we can identify issues earlier, reduce friction and help clients bring the right solutions to market faster and more effectively.
“He will also strengthen our fund product development, structuring and distribution intelligence capabilities, and represents a significant addition to our leadership, which is great news for Carne, and great news for our clients, so I’m delighted to be welcoming Keshava to the team.”
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