Community Investment Management hires India head amid $10 billion inflows ahead of key global Bond Index entry

Ravi Vukkadala volition pb the firm’s concern activities successful India arsenic it aims to found a semipermanent beingness successful the country, CIM’s Chief Operating Officer Vivek Krishnappa said successful effect to an email query from Bloomberg News.

Vukkadala has astir 20 years of acquisition successful investing, according to his LinkedIn profile. Prior to this, helium was the main enforcement serviceman astatine Northern Arc Investments — a Chennai-based money absorption company.

The assignment comes arsenic Indian bonds hole to debut connected JPMorgan Chase & Co.’s emerging marketplace index. The scale inclusion goes unrecorded connected June 28 and overseas inflows into Indian bonds person already deed $10 cardinal since the announcement successful September.

Community Investment Management, a fiscal services subordinate that offers indebtedness financing to under-served communities, joins planetary firms that person been connected a hiring spree successful India.

The companies are seeking to bring professionals who carved retired careers overseas to assistance grow concern successful the world’s fastest-growing large economy.

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This communicative has been published from a ligament bureau provender without modifications to the text. Only the header has been changed.

Published: 22 Jun 2024, 07:35 AM IST