{"id":3365,"date":"2019-04-15T21:55:25","date_gmt":"2019-04-16T01:55:25","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-launches-india-chapter-womens-buy-side-network\/"},"modified":"2021-03-08T16:55:41","modified_gmt":"2021-03-08T21:55:41","slug":"bloomberg-launches-india-chapter-womens-buy-side-network","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-launches-india-chapter-womens-buy-side-network\/","title":{"rendered":"Bloomberg Launches India Chapter of Women\u2019s Buy-side Network"},"content":{"rendered":"
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Advancing female leaders in India’s fast growing asset management space<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n

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\nLast week, Bloomberg launched the India \/ South Asia chapter of the Bloomberg Women\u2019s Buy-side Network in Mumbai, an informal community of female leaders and aspiring leaders in Asia\u2019s asset management industry. The first women\u2019s buy-side network of its kind in India, the new chapter aims to mentor 20 women in India\u2019s buy-side industry so they can be future leaders.\u201dThere was lots of energy in the room at the launch, and I look forward to the programs and events we will be working on for women in the buy-side,\u201d said Shikha Sharma, who is serving as mentor to the network. Shikha Sharma is currently adviser at KKR India, a board member of Dr Reddy, and former CEO of Axis Bank, India\u2019s third largest private bank.The founding members of the India chapter include Lakshmi Iyer, CIO of Kotak Mahindra Asset Management; Nithya Easwaran, Managing Director at Multiples Alternate Asset Management; and Vibha Padalkar, Managing Director & CEO of HDFC Standard Life.\u201dThe Bloomberg Women\u2019s Buy-side Network in India is a great initiative to further the cause of enhancing women\u2019s participation in the buy-side,\u201d said Lakshmi Iyer. \u201cI am excited to be part of the founding members of this forum to help identify future women leaders, nurture them and enable them to bloom to the fullest. I look forward to an exciting journey.\u201d<\/p>\n

\u201cThese are very exciting times for the buy-side in India with deepening penetration of investment, emergence of young millionaires, expansion of family offices and stepped up private investing,\u201d added Nithya Easwaran. \u201cI truly believe that women with their innate sense of synthesizing myriad inputs and working in ambiguity make exceptional buy-side professionals. Through the Bloomberg Women\u2019s Buy-side Network, I look forward to interacting with young, driven women leaders who can become thought leaders on the big issues facing the investment industry and role models for attracting more women to the buy-side.\u201d<\/p>\n

\u201cThis is an excellent initiative by Bloomberg,\u201d said Vibha Padalkar. \u201cIt promises to be focused on buy-side women with a view to help create leaders of tomorrow.\u201d<\/p>\n

In the months ahead, the India chapter of the network will be introducing a mentorship program for 20 women in India\u2019s asset management industry. Bloomberg has been in India for 23 years, and serves local and global buy-side and sell-side firms as well as leading corporations across the India sub-continent.\u00a0 According to the Association of Mutual Funds in India, assets under management (AUM) of India\u2019s mutual fund industry has grown more than five fold over the last 10 years, with average AUM at INR 24.58 trillion in March 2019.<\/p>\n

For more information on the Bloomberg Women\u2019s Buy-side Network, click here<\/a>.<\/p>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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