Rujan Panjwani inducted as Executive Director, Edelweiss Financial Services

The Board of Edelweiss Financial Services, leading diversified financial services provider has announced the appointment of Rujan Panjwani as an Executive Director on its Board. "I welcome him to the Board and am sure that the Company will benefit enormously from his experience in the areas of business strategy, risk, regulatory frameworks and leadership development," said Rashesh Shah, Chairman and CEO, Edelweiss Group.

Mumbai, Maharashtra, June 25, 2013 /India PRwire/ -- The Board of Edelweiss Financial Services, leading diversified financial services provider has announced the appointment of Rujan Panjwani as an Executive Director on its Board.

"I welcome him to the Board and am sure that the Company will benefit enormously from his experience in the areas of business strategy, risk, regulatory frameworks and leadership development," said Rashesh Shah, Chairman and CEO, Edelweiss Group.

A veteran in the financial services sector, Rujan Panjwani has over two and half decades of experience in the sector working across all asset classes.

Rujan has been with Edelweiss group since 2000 and has played an important role in setting up several businesses for the Edelweiss Group including Asset Management and Credit, for which he had oversight responsibilities till 2012. He helped set up the Group's Treasury and Balance sheet unit and is a member of the Assets & Liabilities Committee (ALCO) that primarily oversees the implementation of an effective process for managing Edelweiss's interest rate, liquidity and similar market risks relating to the balance sheet and associated activities, including the adoption of policies, risk limits and capital levels from time to time.

He also set up Edelweiss's Global Risk Group - the nodal point for all risk monitoring and management and is a member of the Global Risk Committee - the highest decision making body in Edelweiss on Risk-related issues.

Rujan conceived and implemented the iconic Edelweiss Associate Programme (EAP) that started a decade ago and built leaders who are in senior position within the Group today. This has now morphed into a multi-tiered Edelweiss Leadership Programme (ELP). As part of the Learning and Development initiative, Edelweiss set up Fountainhead - it's Leadership Centre at Alibaug. Rujan played a key role in both these initiatives and continues to lead them.

Besides being on the Board of Directors of ECL Finance Limited - Edelweiss Group's NBFC and Edelweiss Asset Management Company, Rujan continues to lead several strategic initiatives for the Group including driving its technology and digitization strategy.

An Electrical Engineer by qualification, prior to joining Edelweiss, Rujan was an entrepreneur.


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