Premji Invest announces leadership change
Bangalore, India – January 26, 2017 : Premji Invest today announced the appointment of TK Kurien as its Managing Partner and Chief Investment Officer effective February 1, 2017. He succeeds Prakash Parthasarathy, the current Managing Partner and CIO, who has decided to pursue his entrepreneurial aspirations.
“I am delighted to announce the appointment of TKKurien as Managing Partner and CIO of Premji Invest. TK with his decades ofexperience in running startups and established enterprises and deep financialacumen is best positioned to take Premji Invest to the next level,” said AzimPremji, Chairman, Premji Invest.
”Prakash has built an excellent organization at PremjiInvest as its founding CIO and leaves behind an impressive track record overthe last decade, delivered with integrity and trust. I wish him the very bestin his entrepreneurial journey,” he added.
“It is my privilege and honor to have served AzimPremji and his mission at the Foundation. It's a great time for me to considermy passion for building a business when the organization, portfolio and theleadership team is so strong. I hope to carry Premji’s values through my lifeand I am humbled by his continued support,” Parthasarthy said.
Commenting on his appointment, TK Kurien said, “I amdeeply honored by the trust reposed in me to lead Premji Invest, animportantfiduciary organization in supporting the philanthropic goals of Azim Premji.”