TMF Group, a global professional services firm, has appointed Gaurav Rishi Mehra as part of the fund services team in Mumbai, India.
Mehra will oversee the company’s fund services offering in the emerging market in South Asia, aiming to maximise the region’s potential and improve existing processes to enable the company to expand its reach and proposition.
In his new role, he will report to Andrew O’Shea, global head of funds services.
He has 15 years of experience in the financial and asset management areas, as well as valuation of illiquid securities, financial reporting, GAAP and investor relations.
According to TMF Group, he has shown dynamic leadership and expertise in the design and implementation of finance change projects.
TMF Group says he has also shown expertise in process improvements to enhance operational efficiencies, has improved data quality, reduced delivery time and created strong governance frameworks.
Prior to TMF Group, Mehra worked as an associate director at KPMG, having occupied global leadership positions in international financial institutions such as State Street, Goldman Sachs and EY.
O’Shea, comments: “Gaurav Rishi Mehra, the most recent, is an incredible professional with an impeccable track record in the financial and funds areas. His leadership skills and market knowledge, as well as his experience in the design and implementation of projects will be valuable assets in the next steps TMF Group will take to improve its funds services proposition.”
Shagun Kumar, managing director at TMF Group India, says: “We believe there are strong opportunities in India, which align with our plans for the funds business.”
Kumar continues: “We are committed to recruit the best talents in the market, and Mehra’s hiring is a clear sign of our strategy. Under his leadership we expect our funds team to grow significantly.”
Mehra adds: “TMF Group is a great company with a strong position in the funds market. The recent moves, such as the acquisition of Selectra in Luxembourg and VBO in the US, show that it is committed to expanding its funds services offering. I am truly honoured to be a part of this transformation and eager to contribute with the next steps the company will take."
Earlier this month, TMF Group completed the acquisition of Venture Back Office, a US-based third-party provider of solutions to private equity, real assets, credit, and emerging manager funds.
