Nuvama Wealth Management Appointment of Protiviti India as Internal Auditor

Nuvama Wealth Management Limited has officially appointed M/s. Protiviti India Member Private Limited as the company’s internal auditor for the financial year 2026-27. The decision was reached during the Board of Directors meeting held on May 19, 2026, following a formal recommendation from the Audit Committee. This appointment is part of the company’s ongoing commitment to strengthening its internal control systems and risk management frameworks.

Strengthening Internal Controls

Following a board meeting conducted on May 19, 2026, Nuvama Wealth Management Limited announced the selection of Protiviti India Member Private Limited to serve as its internal auditor for the 2026-27 financial year. The board’s decision underscores the organization’s focus on maintaining high standards of governance, compliance, and operational risk management.

About the New Internal Auditor

Protiviti India Member Private Limited is a recognized global consulting firm known for its expertise in internal audit, internal controls, and corporate governance. The firm brings extensive experience within the financial services sector, having previously worked with stock exchanges, NBFCs, banks, and various asset management firms. Their expertise spans crucial areas such as investment banking, private equity, and institutional equities, making them well-suited to oversee the complex operational requirements of Nuvama Wealth Management.

Source: BSE

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