MF Central, the joint venture between CAMS and KFintech, has announced a significant leadership overhaul as it transitions into a standalone entity. Supratim Bandyopadhyay has been appointed as Non-Executive Chairman, and Rajesh Krishnamoorthy as Chief Executive Officer. These moves aim to strengthen independent governance and reinforce MF Central’s role as a neutral, interoperable utility for India’s mutual fund ecosystem, aligning with industry modernization goals.
MF Central Strengthens Governance with New Leadership
MFC Technologies Private Limited (“MFC Technologies”), the joint venture between Computer Age Management Services Limited (CAMS) and KFin Technologies Limited (KFintech), announced key leadership appointments effective February 25, 2026. This change facilitates MF Central’s transition into a professionally governed, stand-alone entity dedicated to serving India’s mutual fund ecosystem.
Mr. Supratim Bandyopadhyay has been appointed as the Non-Executive Chairman of the Board. Mr. Bandyopadhyay is a seasoned financial services leader, previously serving as Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) and bringing over three decades of experience from the Life Insurance Corporation of India.
Mr. Rajesh Krishnamoorthy has been appointed as the Chief Executive Officer (CEO). Mr. Krishnamoorthy brings over three decades of experience across capital markets and digital distribution, having previously served as Country Head – India for the Financial Planning Standards Board (US) and as the founding Managing Director of the iFAST platform in India.
Strategic Vision and Operational Focus
The appointments mark a critical step toward strengthening independent governance and reinforcing MF Central’s role as a neutral, interoperable industry utility. With a dedicated Board and full-time executive leadership now in place, MFC Technologies will oversee technology development, ecosystem integrations, and platform governance, ensuring an arm’s-length operating structure.
Speaking on the transition, Anuj Kumar, Managing Director of CAMS, stated this move strengthens MF Central’s readiness to play a central integrative role as the ecosystem scales its digital expectations.
Mr. Krishnamoorthy highlighted the objective: “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.”
Sreekanth Nadella, MD and CEO of KFintech, noted that the transition to an independent Board-led structure provides the speed and focus necessary for the next phase of innovation.
About the Entities
About CAMS Limited
CAMS is India’s largest registrar and transfer agent of mutual funds, holding an aggregate market share of ~68% based on mutual fund average assets under management (“AAuM”). CAMS also serves as a market-leading platform for alternative investment funds, managing over 520 mandates of 240 funds.
About KFin Technologies Limited
KFintech is a leading technology-driven financial services platform serving the capital markets ecosystem globally across 18 jurisdictions. In India, KFintech is the largest investor solutions provider to Indian mutual funds based on the number of AMCs serviced as on December 31, 2025.
Source: BSE
