MFC Technologies Private Ltd, the joint venture behind mutual fund industry utility MF Central, has appointed Rajesh Krishnamoorthy as Chief Executive Officer and Supratim Bandyopadhyay as Non-Executive Chairman, marking the platform’s shift to a standalone board-governed entity.
The announcements, made from Mumbai and Chennai, position MF Central as an arm’s-length infrastructure provider serving asset management companies, distributors, registered investment advisers and digital intermediaries — independent of its two parent registrars, CAMS and KFintech.
Krishnamoorthy brings over 30 years of experience in the capital markets and digital distribution, having previously served as Country Head for the Financial Planning Standards Board (US) and as founding Managing Director of the iFAST platform in India. Bandyopadhyay, a former Chairman of the Pension Fund Regulatory and Development Authority (PFRDA), has a comparable tenure from the Life Insurance Corporation of India and senior roles in investment and pension fund management.
MFC Technologies was formed after SEBI directed the creation of a centralised mutual fund servicing platform, which launched in 2021. With a dedicated board and executive leadership now in place, the entity will focus on API-led integrations, digital security frameworks and expanded intermediary services, aligned with SEBI’s vision of a unified investor platform.
Published on February 26, 2026
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