Amit Purohit

Amit Purohit

Director & Head- Digital @ Invesco Asset Management (India) Private Limited

About

Accomplished Digital Business practitioner with large scale P & L management for Mutual Fund businesses, path breaking new product launches, strategic partnerships with Fintech with large scale roll outs, cutting edge Product innovation, core Digital strategy development and execution. Exposure with varied industries including Telecom, Banking & Pharmaceuticals. Director & Business Head of PAN India Digital Business for Invesco India Asset Management (Mutual Fund) . Strategic Partnerships, Own Digital Assets and Distributor enablement. Digital Sales, Digital Marketing, Digital Tech/ asset development & Digital Operations are the core functions I am responsible for. Revamping the Digital Assets with many first in Industry features including UI & UX changes, Customer journey definitions, day today operations. Established synergies with large Platforms to take our Digital Products to larger audience in India. Driven large scale customer acquisition through best in class Digital assets,led strategic alliances which resulted in many industry first product launches and have become choice of partner for Fintech ecosystem with API ecocystem Speaker & Panelist at various International & National Digital, Payments & Mobile Commerce conferences. Earlier stints include heading Product Management portfolio of "Retail Liabilities Products" for ICICI Bank. Specialties: Digital @Scale, Product Innovation, Payment products ,Mobile Commerce strategy, Payment platforms, P&L management, Enterprise Product management, BFSI vertical Product & Alliances, Banking (Liabilities) turn-around specialist, strategic Business Alliances, Compliance & regulations

Country

India

City

Mumbai

Industry

Financial Services

Skill

Digital Marketing, Digital Marketing Communications, Customer Acquisition, Sales, FinTech, Customer Journeys, Digital Innovation, Product Strategy, Communication, New Business Development, Business Strategy, Launch Of New Products, Mobile Payments, payment solutions, P2P Remittances, Emerging Payment Systems, eCommerce, Financial Inclusion, P&L Responsibility, Remittances

Experience

Invesco Asset Management (India) Private Limited

Director & Head- Digital

Invesco Asset Management (India) Private Limited

LinkedIn
2024-11 - Present · 1 yr 11 mos

Mumbai, Maharashtra, India

Director & Head- Digital Responsible for setting up the Digital Business, P& L ownership, Driving New Customer acquisition, , AUM and SIPs through innovative Digital solutions and partnerships. Creating and growing cutting edge Digital platforms. Mentoring Digital team to achieve professional milestones. Innovate across value chain of Digital and make wealth creation for Indian simple! Launch strategic products with Fintechs with the objective of making Mutual Funds accessible and meaningful wealth create for length and breadth of India and Bharat.

Aditya Birla Sunlife Asset Management Company

VP & Chief of Digital

Aditya Birla Sunlife Asset Management Company

2017-7 - 2025-2 · 7 yrs 8 mos

Mumbai Area, India

P&L responsibility for Digital Business of Aditya Birla Sunlife Mutual Fund reporting to the CEO and with functions like Digital Marketing, Digital Business development & Strategic Alliances, Digital Operations and Customer experience and Digital Technology. Mandated to offers best-in-class products and Digital services in the form of seamless experience to our Customers, Partners and Corporate clients. Contribute a significant volume of business transactions, new customers and SIP book size. The Digital Business overlooks Own Digital Assets like Customer website, multiple Customer mobile app., Digital Partnerships and business growth from strategic alliances and Digitization of Financial advisors by offering them websites, mobile app and micro sites. Innovation is at the core of Digital business and proud that some of the industry first innovations and delivered under the leadership.

Reliance Mutual Fund

DVP & Business Head- Digital

Reliance Mutual Fund

LinkedIn
2014-8 - 2017-7 · 3 yrs

Mumbai Area, India

Lead the Digital business with the objective of moving the customers to Digital mediums of doing investment transactions. Created world class Digital assets like the revamped website and mobile applications which will take customer experience to the next level. Some of the innovations launched were Instant redemption for Liquid Fund, AP-fication of our core offerings, strategic alliances like Freecharge etc.

Tata Tele Business Services

GM & Head - Product & Business Development, Mobile & E-Commerce

Tata Tele Business Services

LinkedIn
2008-2 - 2014-7 · 6 yrs 6 mos

Mumbai Area, India

Lead- Mobile Commerce & Mobile Financial Services: Current engagement includes conceptulising, evaluating and introducing user-friendly m-commerce and m-financial services in India. Rolling out Mobile Wallet products on a mobile phone, web & IVR. Banking and micro-finance product delivery using innovative platforms. Business case and go-to-market strategy, Strategoc Business alliances, Distribution strategy, Banking Alliances etc are some of the key action heads which I directly look after for the Mobile Commerce business. Head: Market Planning & Product management of BFSI vertical of Enterprise Business. Highest spending vertical for ICT requirements is experiencing explosive growth in retail business with opportunities in Micro-finance sector which is an untapped market. Vertical specific product requirements which enhance productivity and reach to the end customers in an effecient way would be key differentiator. Working towards customisation and bringing in new technology platforms to enterprise customers Envisage a "Concierge service" on Mobile for masses of India would fulfill their retail customer's needs through invoking an application on device or making a one-touch IVR call.

Tata Tele Business Services

Industry Vertical Head ( Product Marketing) - BFSI

Tata Tele Business Services

LinkedIn
2008-2 - 2009-3 · 1 yr 2 mos

Mumbai Area, India

Lead the Product Development & Marketing functions for the BFSi vertical of the Enterprise Business

ICICI Bank

Product Head-Salary Product

ICICI Bank

LinkedIn
2006-8 - 2008-2 · 1 yr 7 mos

Look after Product Management of Salary products & also managed Household products of Retail Liabilities Group. Brought in paradigm shift in product portfolio by bringing in layers of differentiated offerings as per the organisation's eligibility and manageent levels like top, senior,middle & junior. Enterned into alliances with Corporate card to enhance product offerings to Corporates.Revamped Ssenior Citizen products by briniging various features which mattered to the customers.

Nicholas Piramal India Ltd

Chief Manager

Nicholas Piramal India Ltd

2003-12 - 2006-7 · 2 yrs 8 mos

The task of turning around a division was entrusted upon me. I could turn the same around successfuly with bringing paradigm shift in mindset of people, system and processes changes.The business when I took over was having outstanding receivables as old as 350 day as against industry standard of 60-90 days. When I left tye organisation after successdully turning around the division the outsnadings were at 92 days. Looked after Marketing, sales & product portfolio of domestic business with P & L responsibilities.

Wockhardt Ltd.

Product Manager

Wockhardt Ltd.

LinkedIn
2000-6 - 2003-12 · 3 yrs 7 mos

New Product Development & Marketing initiatives

Education

Indian Institute of Management, Lucknow

Indian Institute of Management, Lucknow

LinkedIn

Senior Leadership Program

2022-6 - Present · 4 yrs 4 mos
Department of Management Sciences (PUMBA), Savitribai Phule Pune University

Department of Management Sciences (PUMBA), Savitribai Phule Pune University

LinkedIn

Business Administration and Management, General

1998-6 - 2000-6 · 2 yrs 1 mo

Amit Purohit's Contact Information

Email

******@***.com

Phone

(**) *** ****

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