Jio BlackRock Asset Management, a 50:50 joint venture between Jio Financial Services and BlackRock, has announced the appointment of Sid Swaminathan as its Managing Director and Chief Executive Officer (CEO).
Sid Swaminathan brings over 20 years of asset management experience to the role. He was previously Head of International Index Equity at BlackRock, where he was responsible for an AUM of $1.25 trillion. Prior to that, he served as the Head of Fixed Income Portfolio Management for Europe at BlackRock, responsible for Systematic and Indexed strategies.
Sid Swaminathan, Managing Director & CEO, Jio BlackRock Asset Management, said, “JioBlackRock Asset Management aims to digitally deliver institutional quality investment products to investors across India and contribute to the growth of the country’s investment ecosystem. I am honoured to lead JioBlackRock Asset Management and help transform asset management in India by empowering investors to directly harness the potential of investing.”
