IIFL Team

Leadership Team

Karan Bhagat - Founder, MD & CEO - IIFL Wealth & Asset Management

Karan Bhagat

Founder, Managing Director & CEO - IIFL Wealth & Asset Management


Karan Bhagat is the Founder, Managing Director, and Chief Executive Officer of IIFL Wealth & Asset Management.

Karan has more than two decades of experience in the financial services industry. He is responsible for providing direction and leadership towards the achievement of the organization’s philosophy, mission, vision and its strategic goals and objectives. He has built a team of experienced and talented professionals, who manage some of the most distinguished families in India & abroad.

Under his able leadership, IIFL Wealth & Asset Management has grown from its humble beginnings to one of the leading wealth management companies in India managing around USD21 billion in client assets.

He featured in Fortune India’s ‘40 under 40’ list in 2016 and 2017 and The Economic Times ‘40 under Forty’ list in 2017. He has received the URS Asia One Global Indian of the Year award in 2018.

Karan holds an MBA in Finance from the Indian Institute of Management, Bangalore and acquired his bachelor’s degree in Commerce from St. Xavier’s College, Kolkata.