Ashutosh Naik
About Ashutosh Naik
Ashutosh Naik serves as the Chief Compliance Officer at Groww in Mumbai, India, a position he has held since 2020. He has extensive experience in compliance and secretarial roles across various financial institutions, including IDBI Bank, Kotak Mahindra Bank, and IIFL Wealth.
Current Role at Groww
Ashutosh Naik serves as the Chief Compliance Officer at Groww, a prominent financial services company in India. He has held this position since 2020, contributing to the company's compliance framework and regulatory adherence. His role involves overseeing compliance policies and ensuring that the organization meets all legal and regulatory requirements in the financial sector. Based in Mumbai Suburban, Maharashtra, he plays a crucial part in maintaining the integrity and transparency of Groww's operations.
Previous Experience in Banking and Compliance
Before joining Groww, Ashutosh Naik accumulated extensive experience in the banking and compliance sectors. He worked at IDBI Bank as an Assistant Company Secretary from 2002 to 2005. Following this, he served as an Assistant Vice President at Kotak Mahindra Bank from 2005 to 2007. His career continued at Principal Asset Management Private Limited as a Company Secretary from 2007 to 2011, and later at IIFL Wealth as Head of Compliance & Secretarial from 2011 to 2020. This diverse background has equipped him with a strong foundation in compliance and governance.
Educational Background
Ashutosh Naik studied at The Institute of Company Secretaries of India, where he achieved the designation of Associate Company Secretary (ACS) from 1998 to 2001. This education provided him with essential knowledge and skills in corporate governance and compliance. Earlier, he completed his Secondary School Certificate (SSC) at St. Annes High School, Orlem, in 1992. His educational qualifications have been integral to his professional development in the compliance field.
Career Progression
Ashutosh Naik's career began at Mehta & Mehta, where he worked as a Manager from 1999 to 2002. He then transitioned to IDBI Bank, followed by roles at Kotak Mahindra Bank and Principal Asset Management Private Limited. His tenure at IIFL Wealth lasted nine years, where he focused on compliance and secretarial functions. This progression highlights his commitment to the compliance profession and his ability to adapt to various roles within the financial services industry.