DSP BlackRock appoints Kalpen Parekh as Joint President


To oversee Sales, Marketing, Operations, Human Resources and RQA
S Naganath to continue as President and CIO

New Delhi, January 17, 2017: DSP BlackRock Investment Managers Pvt. Ltd, one of India’s premier asset management companies, today announced that Kalpen Parekh has been appointed Joint President. He will be responsible for overseeing functions such as Sales, Marketing, Operations, Human Resources and Risk & Quantitative Analysis, while leading International Sales. S Naganath will continue to be the President and CIO of the firm.

DSP BlackRock appoints Kalpen Parekh as Joint President

Mr. Parekh brings in over 19 years of experience in sales across client segments, distribution and marketing. He was previously Managing Director and Head of Sales & Marketing at IDFC Mutual Fund. He has also served in Birla Sun Life Asset Management Company Limited and ICICI Prudential Asset Management Company Limited after beginning his career with L&T Finance Ltd.
Mr. Parekh holds a Master's Degree in Management Studies in Finance from the Narsee Monjee Institute of Management Studies, as well as a Bachelor's Degree in Chemical Engineering from Bharati Vidyapeeth, Pune.

Hemendra Kothari, Chairman, DSP BlackRock Investment Managers Pvt. Ltd said, “The idea of mutual funds as an attractive investment option is steadily gaining mind share in the country. Kalpen brings with him valuable experience and insights from leading the sales and distribution functions over the years. I welcome Kalpen to the DSP BlackRock family and am confident that his leadership experience will be a huge positive for our organization and help drive further energy into our growing momentum.’’

S Naganath, President and CIO, DSP BlackRock Investment Managers Pvt. Ltd said, “Our assets under management have grown at a fast pace over the last year. Kalpen’s valuable experience in the industry will be helpful in accelerating the current growth momentum of DSP BlackRock and in achieving many more milestones in the future.”