RITESH JAIN MBE
PHONE: 587 664 0025
A member of Venture 17, Ritesh is a highly reputable international leader with over 20 years of extensive experience in investment-management which is further complimented by his demonstrated success in applying creativity to creation of policies, risk management and market experience in developing wealth and portfolio growth for investors and companies.
Ritesh began his professional career in 1997 as an Officer, Trade Finance for Corporation Bank where he was responsible for managing Letter of Credit and remittances business. In 1999 Ritesh joined IDBI Bank as Treasury Manager and oversaw a book of Interbank cross currency foreign exchange. Ritesh then moved to the Fixed Income side and managed Rupee treasury government securities and corporate bonds. In 2002 Ritesh was recruited by Kotak Asset Management Company as Head of Fixed income. In this position he played a critical role for the Asset Under Management generating growth from USD 600 million to USD 3 billion in a highly volatile market. In 2008 Ritesh joined Canara Robeco (a joint venture between an Indian Bank and subsidiary of largest Dutch bank) where he provided investment strategy and thought leadership by being a management committee member. He was soon elevated to the role of Chief Investment Officer where he managed all onshore and offshore funds along with supporting the business development activities for key institutional clients. He started the first actively managed GOLD and Fixed income combination fund INDIGO which was soon replicated by other market players. In 2013 Ritesh transitioned to Tata Mutual Fund, acting as Chief Investment Officer. He was responsible for managing domestic Assets Under Management of USD 6 billion and overseas Asset Under Management of USD 250 million, for both -Fixed Income and Equity. He was also directly involved with sales and marketing of products to potential HNI clients and distributors. As part of the Executive Management team, Ritesh was also instrumental in formulating and executing overall business strategies. In 2017 he joined BNP PARIBAS asset management (India) as their Chief Investment officer managing USD 1.4 billion in assets for onshore clients. Ritesh currently acts as an offshore investment Advisor for Credence Family office LLP (India). He has written numerous articles as well as being quoted in national and international publications.
In 1997 Ritesh received his Master of Business Economics (MBE) in India and is currently pursuing an Executive MBA from Haskayne School of Business (University of Calgary). In addition, Ritesh received a Diploma in Capital Markets from The Institute of Chartered Financial Analyst of India, certificate in Austrian Economics from New Austrian School of Economics and is a Prosper Canada Financial Literacy Facilitator Trainer. Ritesh is also a recipient of numerous national and international awards that include CRISIL CNBC TV18 and Business World Debt Fund Manager of the Year in 2011, Lipper Best Bond Fund of the Year (four years in a row) as well as Lipper Debt Fund House in 2010 & 2011. In 2007, Asset Magazine Singapore voted Ritesh as one of the Most Astute Local Currency Investors in India