Ashu Madan has been appointed as the Co-Head--Business Affiliate Group and Managing Director of the financial services arm of the JM Financial Group. With more than 29 years of senior-level management experience, Madan brings with him extensive knowledge of development and execution in the capital markets.
Madan’s appointment is a step towards strengthening the company’s retail network in the region and to expand its customer reach in India. He will focus on client acquisition strategy using his expertise in business development and go-to-market strategies.
“Ashu understands the equity based business, sales, risk management, client satisfaction, in a way that few executives do and he has gotten a proven track record of maximizing the growth potential of a range of businesses,” said Subodh Shinkar, CEO and Managing Director, JM Financial Services.
Prior to working with JM Financial Services, Madan worked with Religare Securities for more than 18 years where he was overseeing the equity broking business and developing new products and strategies. He was also working as the AVP at Gadgil Western group in retail distribution in sales strategy roles.