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1. Who has been appointed as the new MD and CEO of SBICAP Ventures Limited?
Prem Prabhakar has been appointed as the Managing Director and Chief Executive Officer of SBICAP Ventures Limited (SVL), effective from June 4, 2024. He brings extensive banking experience from his tenure at the State Bank of India, specializing in treasury operations and strategic leadership. As the new MD and CEO, Prabhakar will lead SVL in achieving its growth objectives and enhancing investor relations, building on the firm’s portfolio of alternative asset management, including funds like the TDC Fund and Neev Fund.