KV Kamath appointment as the New Senior Advisor of KKR India
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Global Investment firm KKR has appointed KV Kamath as the Senior Advisor to KKR India. One of the pioneers of Indian modern financial services sector is expected to work efficiently.
KV Kamath was the first President of the New Development Bank established by BRICS nations as a multilateral Development bank.He also served ad the Chairman of ICICI Bank and Infosys Limited. He started his career in ICICI Project Finance Division in 1971 and helped it to reach new heights. Then later in 1996, he became the Managing Director and Chief Executive Officer at ICICI.
He was also a Co-Chair of the World Economic Forum’s Annual Meeting in Davos. Moreover, he is recognized as one of the India’s most distinguished business leaders by global and Indian media. Along with this, he was also awarded with the one of the highest civilian honour of India, Padma Bhushan in 2008.
Gaurav Trehan, Partner & CEO of KKR India with the news stated, “We are pleased to welcome K.V. as a senior advisor to our team in India, and are excited to learn from his terrific insights as we continue to invest in the growth of India. K.V. has a truly outstanding track record of working with different stakeholders while building world-class businesses. He joins at an exciting time for KKR in India, and I am confident of the value that he will bring to our franchise and businesses.”
KV Kamath with the happiness and excitement for this achievement commented, “KKR has consistently demonstrated its strong commitment to India, and the firm today stands out as one of the highest-caliber investors in innovative, market-leading companies in the country and worldwide. I am excited by the opportunity to work alongside Gaurav and the broader KKR team and welcome the chance to leverage my experience to help Indian businesses elevate and meet their full potential.”
The appointment of KV Kamath is a major milestone for KKR India. In 2021 the firm has also made major investments for growth and now they will be handled by the new Senior Advisor.