The Investment Trust of India Limited (ITI Ltd.), formerly known as Fortune Financial, has announced the appointment of Ashu Tomar as its new President & Chief Business Officer. Bringing over 15 years of leadership experience in the financial services industry, Ashu will be responsible for driving business growth, deepening client relationships, and leading the company’s strategic transformation as it scales its position among India’s leading financial services conglomerates.
Ashu’s professional career reflects a strong track record of driving results and building high-performing teams. Most recently, she served as Senior Vice President at JM Financial Ltd., where she played a crucial role in strengthening client engagement and delivering sustainable growth for the business. Prior to that, she was associated with Ambit Capital Group as Marketing and Strategy Manager and with Citi India, where she managed sales operations, vendor P&L, and investment strategies.
Her diverse experience across investment banking, strategy, and client management uniquely positions her to lead ITI’s business expansion efforts. As President & Chief Business Officer, Ashu is expected to focus on aligning business priorities with long-term strategic objectives, creating customer-centric solutions, and enhancing operational efficiencies to capture emerging opportunities in India’s evolving financial ecosystem.
Beyond her corporate contributions, Ashu is deeply engaged in academia and social impact initiatives. She is a member of the Board of Governors at the Indian Institute of Management (IIM) Nagpur and serves as a Strategic Advisor to the Sood Charity Foundation, reflecting her commitment to education, mentorship, and philanthropy.
Armed with a PGDM from IIM Indore and a B.Tech in Computer Science from NIT Surat, Ashu combines strong technical and managerial expertise with a passion for business transformation.
Her appointment underscores ITI Ltd.’s commitment to strengthening its leadership team with accomplished professionals capable of steering the organization toward its next phase of growth, innovation, and market leadership.
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