DSP Asset Managers today announced the elevation of Aditi Kothari Desai as Chairperson. She will be assuming the charge from her father, Hemendra Kothari, who had been at the helm of DSP Asset Managers Pvt Ltd since the firm’s incorporation in 1996. Aditi represents the fifth generation of the Kothari family and the first woman at the helm who carries forward DSP’s 160-year+ legacy in Indian financial services.

Aditi brings over two decades of hands-on experience in investments, sales, marketing and digital transformation domains. Her career began at Merrill Lynch’s investment banking group in New York, where she worked on M&A activities in the Financial Institutions Group.

Aditi joined DSP Asset Managers in 2002 and over the years has helped build and support DSP’s domestic business growth strategy, while also founding the group’s international business. She was instrumental in the digital transformation of DSP’s Asset Management Business. Aditi also serves as Chairperson of Compound Express, DSP’s fintech venture. Aditi holds a Bachelor of Science in Economics from the Wharton School, University of Pennsylvania, and an MBA from Harvard Business School.

"I am honored to take on this responsibility and continue building on our AMC’s legacy. This transition is simply a continuation of the same long-term thinking and investor-first philosophy that has defined DSP’s journey for over 160 years, and I intend to continue our endeavor to make a difference to and elevate as many lives as we can," she further addded.

"We are one of the few fully independent family-run firms among India’s top 10 asset managers, and our family continues to invest its own public fund capital into the very funds we manage which speaks to our deep conviction and accountability,” said Aditi Kothari Desai, Chairperson, DSP Asset Managers.

“It has been a privilege to lead DSP Asset Managers since its inception. While I am passing the baton to my dear daughter Aditi, I feel proud to see our family’s legacy continue with a visionary leader who embodies the values of reputation, integrity, and high standards that have guided us for generations. Our unwavering commitment to these principles has been the cornerstone of our success, and I am confident that Aditi will uphold these traditions while leading the firm into a new era of innovation, digitization and growth,” said Hemendra Kothari, Chairman, DSP Asset Managers