Centrum Wealth, the wealth and distribution arm of Centrum Group, has appointed Saurabh Rungta as Deputy Chief Executive Officer (CEO) and Chief Investment Officer (CIO).
Rungta joins the firm from Avendus Wealth Management, where he served as Managing Director and CIO. With more than two decades of experience spanning wealth management, asset management, and banking, he has previously held leadership roles at institutions including Nuvama Wealth, Edelweiss Wealth Management, Kotak Mahindra Bank, 360 ONE WAM, ICICI Prudential Mutual Fund, and Citigroup.
In his new role, Rungta will oversee the investment function across products, advisory, and the company’s in-house PMS platforms, while also leading the Family Office business. He will be part of the core leadership team responsible for driving Centrum Wealth’s long-term growth strategy and expanding its technology-led wealth management platform.
Reporting to Sandeep Das, Rungta’s mandate includes strengthening product architecture, deepening strategic partnerships, and enhancing the firm’s investment and advisory capabilities.
A Chartered Accountant by qualification, Rungta is recognised for his expertise across equities, alternatives, offshore investments, and portfolio management. He is also a regular speaker at industry forums and academic institutions, and frequently appears on wealth management panels.
Commenting on the appointment, Sandeep Das, Managing Director & CEO, Centrum Wealth, said, “Saurabh’s arrival marks a pivotal moment for Centrum Wealth. His exceptional investment pedigree, deep strategic insight, and proven ability to build and scale world-class platforms make him a defining addition to our leadership team. As we step into our next phase of growth, his leadership will be central to shaping a truly differentiated and enduring wealth franchise.”
Saurabh Rungta, Deputy CEO & CIO, Centrum Wealth, said, “Centrum Wealth stands at an inflection point, with a strong foundation and a clear ambition to build a best-in-class wealth platform. I am excited to be part of this journey and look forward to working closely with the leadership team to unlock the next phase of growth and create long-term value for clients and stakeholders.”
