Mumbai: Samco Asset Management has announced the appointment of Pankit Shah as Chief Business Officer (CBO), marking a significant step in the company’s strategy to scale and strengthen its market presence. In his new role, Pankit will lead the overall business strategy and operations of the mutual fund, with a strong focus on sales, marketing, product development, and distribution.
Bringing over 17 years of experience in investment management, distribution strategy, and client engagement, Pankit has a proven track record of building and expanding financial businesses across geographies. Prior to joining Samco, he was Director – Client Relations at ARGA Investment Managers, where he played a key role in growing the firm’s reach across India, the Middle East, and Thailand.
His previous stints include senior positions at White Oak Capital, Motilal Oswal AMC, Axis Bank, and Enam Securities, where he led initiatives to build B2B distribution networks, develop alternate product platforms, and drive both domestic and international fundraising efforts.
Viraj Gandhi, CEO of Samco Asset Management, commented on the appointment, “Pankit is going to play a very crucial role in heading business strategy and sales for Samco Mutual Fund. His experience over the years will bring immense value to our existing structure and significantly strengthen our reach and relationships within the distributor community. He will also play an instrumental role in driving business growth, formulating and executing strategic plans, and overseeing key functions such as sales, marketing, product development, and distribution. We are excited to bring him on board and build this business fast and strong in the times ahead.”
On his new role, Pankit Shah shared, “I am excited to join this dynamic team and contribute my experience to drive strategic growth and innovation. I look forward to collaborating with everyone, fostering a culture of innovation and strategic thinking to propel Samco Asset Management Pvt Ltd. to new heights.”
A Commerce graduate from Narsee Monjee College of Commerce and Economics, Pankit is also an All India rank-holder from the Institute of Cost and Works Accountants of India (CWA). His appointment underscores Samco Mutual Fund’s intent to strengthen its leadership team and offer differentiated, long-term investment solutions for India’s growing base of investors.
