Premji Invest names TK Kurien as Managing Partner

NEW DELHI: Premji Invest said that it has appointed 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 TK Kurien as Managing Partner and CIO of Premji Invest. TK with his decades of experience in running startups and established enterprises and deep financial acumen is best positioned to take Premji Invest to the next level,” said Azim Premji, Chairman, Premji Invest.

”Prakash has built an excellent organization at Premji Invest as its founding CIO and leaves behind an impressive track record over the last decade, delivered with integrity and trust. I wish him the very best in his entrepreneurial journey,” he added.

“It is my privilege and honor to have served Azim Premji and his mission at the Foundation. It's a great time for me to consider my passion for building a business when the organization, portfolio and the leadership team is so strong. I hope to carry Premji’s values through my life and I am humbled by his continued support,” Parthasarthy said.

Commenting on his appointment, TK Kurien said, “I am deeply honored by the trust reposed in me to lead Premji Invest, an important fiduciary organization in supporting the philanthropic goals of Azim Premji.”