MFCentral_India, the joint venture between Computer Age Management Services (CAMS) and KFin Technologies Ltd., has appointed Rajesh Krishnamoorthy as Chief Executive Officer as the platform transitions into a professionally governed, stand-alone entity. The company has also named Supratim Bandyopadhyay as Non-Executive Chairman.
Established in 2021 following regulatory guidance, MF Central was created to provide a unified platform that simplifies and standardises mutual fund services across the industry. The transition to an independent, Board-led governance structure marks a new phase in its evolution, aligned with SEBI’s vision of a unified and investor-centric marketplace.
In his new role, Rajesh Krishnamoorthy will lead the platform’s next phase of growth, with a focus on building a robust, API-first digital infrastructure designed to unify and standardise the mutual fund ecosystem. His mandate includes enhancing operational efficiency, strengthening interoperability across stakeholders, and enabling secure, scalable digital connectivity for mutual fund companies, distributors, advisors, and digital platforms.
Rajesh brings over 30 years of experience across capital markets, financial planning, and digital distribution. Most recently, he served as India Head of the Financial Planning Standards Board (US). He was also the Founding Managing Director of the iFAST platform in India, which he led for over a decade. Earlier in his career, he held senior leadership and advisory roles at Fidelity Investments, ICICI Bank, and iFAST India Holdings, building expertise across digital transaction platforms, regulatory engagement, and investor advisory frameworks.
Commenting on the transition, Anuj Kumar, Managing Director of CAMS, said, “As SEBI’s vision of a unified, investor centric marketplace continues to gain momentum, this step further strengthens MF Central’s readiness to play a central integrative role within the ecosystem. With the mutual fund ecosystem scaling and digital expectations rising, MF Central’s governance framework must evolve with equal rigor to ensure neutrality, transparency and seamless industry-wide enablement. With independent leadership and clear governance structures now in place, we are confident that under the combined guidance of Bandyopadhyay and Krishnamoorthy, the entity will operate with the discipline and independence required to fulfil SEBI’s vision of a unified, investor centric platform”.
Sreekanth Nadella, MD and CEO of KFintech, added, “From its inception, MF Central was intended to be a secure, hyper-scale ecosystem. This transition to an independent Board-led structure provides the speed and focus necessary for the next phase of innovation. Rajesh Krishnamoorthy’s deep execution discipline and understanding of capital market participants make him the ideal leader to strengthen stakeholder confidence while driving technical interoperability at scale.”
Rajesh Krishnamoorthy, CEO, MFC Technologies, said, “MF Central has already proven its value as a facilitator of non-financial transactions. Our next objective is to deepen that trust by building a robust, API-first infrastructure that supports the full spectrum of financial transactions and intermediary services. Our objective is to build a robust, scalable and standards-driven digital infrastructure for the mutual fund industry, focused on reliability, security and ecosystem integration.”
With independent governance now in place and leadership aligned to regulatory vision, MF Central is positioning itself to play a central, integrative role in India’s rapidly expanding mutual fund ecosystem.
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