ANNUAL REPORT 2022-23

Our Management Team

Mr. Chintan Mehta

Chief Executive Officer

  • He is a qualified chartered accountant with over 17 years of experience in asset management and a deep understanding of commodities, and hence the ideal candidate to lead as Chief Executive Officer of our Company. He played a pivotal role in establishing our asset management business, creating our Company’s trading desk, and expanding bullion operations worldwide. His visionary leadership has firmly positioned Abans Group, reflecting his ability to drive growth through strategic insights and business development.
  • Apart from his accomplishments in commodities, he also leverages his treasury expertise to oversee our Company’s assets and treasury management, showcasing his financial acumen and knack for optimising resources. With a strong foundation in both strategy and finance, he is poised to make executive decisions that will undoubtedly chart our Company’s path to sustained success, fostering innovation and operational excellence at every turn.
Mr. Bhavik Thakkar

Head - Investment Management

  • As the head of our Wealth Management and Distribution Division, he plays a pivotal role in driving the growth of our Assets Under Management (AUM). He is a gold medallist MBA from North Gujarat University with over 18 years of experience in the financial services sector, he has cultivated expertise in retail banking and wealth management.
  • His comprehensive skill set encompasses client relations, investment advisory, and product management. Notably, his contributions have made a significant impact on esteemed organizations such as Kotak Mahindra Bank, Aditya Birla Wealth, and Standard Chartered Bank.
Mr. Mayank Mundhra

Head - Risk Management

  • He holds an Engineering Undergraduate Degree and a Postgraduate Finance Degree from the University of Mumbai. He also holds a Financial Risk Manager (FRM) certification. With over 13 years of experience at industry- leading firms, Mayank is a seasoned professional in the risk management domain. He firmly believes that effective risk management is not just a necessity but a fundamental enabler of business success, combining his technical and financial acumen to tackle risk challenges head-on. Mayank’s holistic approach to risk management, coupled with his commitment to leveraging risk as an opportunity, makes him a valuable asset to our organisation which is seeking resilience and growth.
Mr. Mahesh Kumar Cheeruvedu

Head - Compliance

  • He is the Executive Vice President & Head – Capital and Commodities Markets in our Group and also the CEO of Abans Finance Private Limited. He has been associated with our Group since August 2019. He is a Bachelor of Commerce from Bharathiar University in the year 1993, Master of Financial Management from Pondicherry University in the year 1999, Master of Business Administration from The ICFAI University, Dehradun in the year 2012 and Postgraduate Diploma in Financial Analysis from The ICFAI University, Tripura, in the year 2019. He has more than 2 decades of rich experience in Banking, Capital and Commodity Markets, including PCM, Credit, Syndication, Marketing, Relationship Management and Operations. In past he has been associated with Kirtilal Kalidas & Company, Global Trust Bank Ltd., ICICI Bank Ltd., and IndusInd Bank Ltd. He is currently responsible for handling capital and commodity market .
Mr. Sumeet Nigli

Head - Human Resources

  • He holds a Masters degree in Business Administration from Narsee Monjee Institute of Management Studies, Mumbai and has shaped his domain expertise and mentoring skills to drive strategic HR initiatives. He brings in an extensive experience of over 21 years in Human Resources across multiple industry sectors in ITES, Pharmaceuticals and NBFC space. His core competencies involve Strategic Planning & Implementation, Design & Execution of strong Organisation structure, Talent acquisition & Management, Career Architecture, Role Descriptions, Compensation & Benefits, Learning & Development, Policy Formulation & Implementation and Stakeholder Management.
  • He has been previously associated with organisations like Datamatics Ltd., Manappuram Finance, Wockhardt Ltd. He was also associated in building the HR Function in the startup space.