Saurabh Rungta brings over two decades of extensive experience across wealth management, asset management, and banking. He joins Centrum Wealth from Avendus Wealth, where he served as Managing Director and Chief Investment Officer. Throughout his career, he has contributed to the development and scaling of leading wealth and investment platforms across prominent institutions including Nuvama Private, Edelweiss Private Wealth, Kotak Wealth Management, IIFL Wealth (360 ONE), ICICI Prudential Asset Management Company, and Citigroup.
At Centrum Wealth, Saurabh Rungta will lead the investment function across products, advisory services, and in-house portfolio management services platforms. He will also oversee the family office business and will be part of the core leadership team responsible for driving the firm’s broader strategic growth agenda. His responsibilities will include strengthening product architecture, enhancing strategic partnerships, and building a technology-driven wealth management platform. He will report directly to Sandeep Das, Managing Director and Chief Executive Officer of Centrum Wealth.
Centrum Wealth currently manages client assets exceeding INR 40,000 crore and operates across 17 locations with a workforce of 252 professionals. The firm serves high net worth individuals, family offices, and corporate treasuries, positioning itself as a key player in India’s rapidly expanding wealth management sector.
A Chartered Accountant by qualification, Saurabh Rungta is recognised for his strong investment expertise, strategic leadership, and institution-building capabilities. His areas of proficiency include equities, alternative investments, offshore investments, and client-focused portfolio management. He is also a frequent speaker at leading industry forums and academic institutions and regularly participates in wealth management discussions on professional platforms.
Commenting on the appointment, Sandeep Das, Managing Director and Chief Executive Officer of Centrum Wealth, stated that Saurabh Rungta’s induction represents a pivotal moment for the organisation. He emphasised that Rungta’s investment expertise and proven ability to scale world-class platforms will play a crucial role in shaping the firm’s next phase of growth and in building a differentiated wealth management franchise.
Saurabh Rungta, Deputy Chief Executive Officer and Chief Investment Officer of Centrum Wealth, said the organisation stands at an important inflection point with a strong foundation and a clear vision for expansion. He expressed enthusiasm about working with the leadership team to unlock growth opportunities and deliver long-term value to clients and stakeholders.
Centrum Wealth Limited is an Association of Mutual Funds in India registered mutual fund distributor, holding registration number ARN – 82601. The Centrum Group, founded in 1997 by Chandir Gidwani and the late Khushrooh Byramjee, expanded further with Jaspal Bindra joining as Executive Chairman in 2016. The group operates across wealth management, banking, investment banking, stock broking, and private credit, and is listed on both the Bombay Stock Exchange and the National Stock Exchange.
The appointment underscores Centrum Wealth’s intent to strengthen its leadership depth and reinforce its position as a scaled and future-ready wealth management franchise in India’s rapidly growing financial services ecosystem.
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