Mr. Prashant Mody is an accomplished Executive Director with a wealth of experience spanning approximately 30 years in various domains, including Capital Markets, Operations, Compliance, and Legal. His career has been characterized by a diverse range of roles, and he has made substantial contributions in the field.
EDUCATION
In terms of his educational background, Mr. Prashant Mody has completed his Graduation in Commerce and also holds a Masters in Financial Management (MFM) from NMIMS Mumbai. These qualifications have provided him with a strong foundation in finance and financial management, which has been integral to his success in the financial sector.
CAREER
Mr. Mody’s professional journey includes a notable tenure as a Financial Advisor for US Markets, where he served High Net Worth Individual (HNI) clients based in the Middle East. Currently, he holds the position of a Designated Director in Nuvama Wealth and Investment Limited, formerly known as Edelweiss Broking Limited.
Mr. Mody’s career within Nuvama Wealth is marked by his dedication and leadership. He has held the role of Senior Executive Vice President since February 2005, contributing for over 18 years and 9 months. His responsibilities include oversight of various critical functions, encompassing Compliance, Equities, Capital Markets, Portfolio Management, Derivatives, Wealth Management, FEMA, and SEBI Regulations, among others. His expertise extends to various aspects of the financial industry, including Wealth Management, Institutional and Retail Broking, Depository, Insurance Distribution, NBFC Lending, Investment Banking, AIF, Portfolio Management, and more.
Notably, his career includes playing a pivotal role at Edelweiss Wealth Management for 18 years and 4 months, where he held the position of Executive Vice President. His influence extended across several senior roles within the organization since 2005.
Furthermore, from April 2019 to May 2023, Mr. Mody served as the Head of Group Compliance, Legal, and Internal Audit at Nuvama Wealth. In this capacity, he oversaw a wide spectrum of functions that were vital for the organization’s regulatory compliance. These functions included Regulatory Compliance, Regulatory Oversight both domestically and internationally, as well as oversight of the group’s Legal and Internal Audit functions.
Mr. Mody’s expertise extended to areas like Internal Audits, Regulatory Audits, Regulatory Inspections, and the overall Governance of the Group, further reinforcing his commitment to upholding stringent compliance standards and regulatory requirements. His responsibilities also included overseeing legal matters and ensuring that the organization’s activities adhered to various policies, processes, regulations, and guidelines.
In conclusion, Mr. Prashant Mody is an exceptional professional with a robust background in Capital Markets and a proven track record in Compliance and Legal aspects. His contributions have been instrumental in various organizations and have left a lasting impact on the financial sector. His extensive experience and commitment to compliance make him a distinguished leader in his field.
