MUMBAI: They say knowledge compounds like interest and The Wealth Company just made a high-return hire. The Wealth Company has appointed Debasish Mohanty as Chief Strategy Officer for its Asset Management Arm, tapping into his 30-plus years of deep domain expertise in India’s mutual fund industry. Known among peers as a walking encyclopaedia of financial strategy, Mohanty’s arrival marks a pivotal chapter for the organisation as it aims to scale with innovation and insight.

Mohanty’s illustrious career includes leadership roles at UTI AMC, where he served as president and national head of sales, while also overseeing policy research, business transformation, corporate communication, and marketing functions. His name is also familiar in policy circles, having played an active role on various AMFI committees including those on operations & compliance, ARN, and common platform.

Currently serving as an independent director at LIC Pension Funds Ltd., regulated by PFRDA, Mohanty brings not just experience but a rare combination of academic rigour and practical strategy. A postgraduate and M.Phil in Economics from JNU, he also holds a Postgraduate Diploma in securities law, and wears many certified hats: CFP, CWM, and CAIIB. His executive education portfolio spans Kellogg School of Management, ISB Hyderabad, and IIM Ahmedabad.

In his new role, Mohanty will steer growth, innovation, and long-term value creation at The Wealth Company’s asset management operations. “My focus will be on strategic initiatives that elevate the company’s position in the market,” he said, underscoring plans to work closely with leadership on risk mitigation, opportunity identification, and stakeholder returns.

The Wealth Company MD & CEO Madhu Lunawat described Mohanty as “the encyclopedia of the mutual fund industry,” lauding his ability to operate seamlessly across public, private, and foreign fund categories.

With this appointment, The Wealth Company signals its intention to play the long game backed by a strategist who knows the terrain better than most.