Archan Thakore
CBO — CHIEF BUSINESS OFFICER
An accomplished business leader in the asset management industry with over 14 years of experience across leading asset management firms, specialising in product strategy, distribution partnerships, fundraising and client engagement. He most recently headed Business Development for Banks and Private Wealth at Motilal Oswal Asset Management. Earlier, at Abakkus, he was recognised as one of India’s 40Under40 Alternative Investment Professionals. His experience reflects a strong focus on scalable distribution, strategic partnerships, regulatory alignment and an enhanced client and stakeholder experience. Archan is a CFA Charterholder and holds a bachelor’s degree in computer science from Mumbai University. In his current role, he will oversee sales, distribution and business development at Carnelian Mutual Fund, with a focus on sustainable growth, partnership depth and service quality.
Roles and Responsibilities for Risk Management
- Adherence to the guidelines pertinent to SEBI in respect of RMF and relevant principles thereunder, including risk identification, risk management, risk reporting (both periodic and escalation of material incidents) and corrective actions taken, for sales, distribution and business development activities.
- Defining specific responsibility regarding risk management of key personnel reporting to them.
- Maintaining risk levels as per the risk metric.
- Compliance with SEBI and AMFI regulations and the code of conduct on distribution, marketing, advertisements and investor communication, including prevention of mis-selling.
- Due diligence, onboarding and periodic review of distributors, banks, platforms and other distribution partners.
- The CBO shall take immediate corrective action for non-compliance or major findings, post approval from CEO as per DoP, and shall report to CRO regarding the risk reports.
- The CBO shall escalate to CEO and the CRO any major findings reported by the respective risk management function.