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Management Team

Narayan Ramachandran, (Associate Director)
Senior Advisor - Morgan Stanley India

B.Tech., M.B.A, C.F.A.

Experience:
Narayan Ramachandran is a Senior Advisor to Morgan Stanley India. He was the Firm’s Country Head leading all of the Group's businesses from 2007 till 2010. Prior to these roles, Narayan was the Head and lead portfolio manager of Morgan Stanley’s Global Emerging Markets and Global Asset Allocation teams, managing over $25 billion in assets. He joined Morgan Stanley in 1996 and has 20 years of investment experience.

Before joining the firm, he was a managing director at Rogers Casey (now CRA Rogers Casey). In addition, Narayan was director of research at Rogers Casey and president of its investment advisory subsidiary. He began his career at Goldman Sachs.

Narayan has written articles for the academic and trade press, and is a frequent speaker at industry conferences. He received a B.Tech. in chemical engineering from the Indian Institute of Technology Bombay and an M.B.A. from the University of Michigan. Narayan holds the Chartered Financial Analyst designation. He is on the board of several companies. Narayan has a keen interest in using market-based solutions for poverty alleviation in areas such as micro-finance, social venture capital, micro-insurance and affordable housing.


Anthony Heredia, (Associate Director)
Managing Director & Chief Executive Officer

B.Com., C.A.

Experience:
Anthony joined Morgan Stanley Investment Management Private Limited as Head of Sales and Marketing in February 2007.

Prior to joining Morgan Stanley, he worked for HSBC Asset Management (India) Private Limited as Head of Sales and Distribution from December 2001 to February 2007 and in Birla SunLife Asset Management Company as Assistant Vice President - Business Development from October 1995 to November 2001. He has over 10 years experience in sales and distribution.

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Joseph Clifford D’Souza,
Managing Director and Chief Operations Officer

M.Com.

Experience:
Joseph Clifford D’Souza joined Morgan Stanley Investment Management in December 1993 as Operations Manager. Clifford was appointed as Vice-President and Head of Operations in December 1997 and was promoted to Executive Director in December 2000. In June 2005, Clifford was appointed Chief Operations Officer of MSIM Mumbai. Clifford has over 20 years of experience in the Investment Management Industry.

Prior to joining Morgan Stanley, Clifford was a Deputy Manger at Unit Trust of India Investment Advisory Services Limited– a subsidiary of the Unit Trust of India – the largest public sector Mutual Fund in India. He was responsible for the Operations and Fund Administration functions for the India Growth Fund Inc (listed on NYSE) and the India Fund (listed on Dublin) – both offshore funds investing in India.

Clifford graduated from the Bombay University with a Master of Commerce Degree in 1984.

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Sridhar Sivaram,
Managing Director

B.Com., A.C.A., A.C.S.

Experience:
Sridhar joined Morgan Stanley in 1994 and has been working with the Investment Team since 1995. He has over 18 years of investment experience. Prior to joining Morgan Stanley, he worked with Citibank N.A. as Assistant Manager from October 1992 to March 1994 and with ANZ Grindlays Bank as an Industrial Trainee from April 1991 to September 1992.

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Jayesh Gandhi,
Executive Director

C.A., C.F.A., Master of International Management

Experience:
Jayesh Gandhi is the Lead Portfolio Manager for multi/mid-cap equity strategies. He joined Morgan Stanley in 2007 and has over 15 years of investment experience. Prior to joining the Firm, he worked with Birla Sunlife Asset Management. Jayesh received a Bachelor of Commerce from the University of Mumbai. He is also an Associate Member of the Institute of Chartered Accountants of India. He has also obtained Master of International Management degree from Thunderbird, USA and holds the Chartered Financial Analyst designation.

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Amay Hattangadi,
Executive Director

B.Com., A.C.A., C.F.A.

Experience:
Amay joined Morgan Stanley in 1997 and has 15 years of investment experience. He was appointed as the co-portfolio manager of Morgan Stanley Growth Fund in 2004. Amay received his Bachelors degree in commerce from the University of Mumbai. He is an Associate Member of the Institute of Chartered Accountants of India. He holds the Chartered Financial Analyst designation.

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Ritesh Jain,
Executive Director

B.Com. (Hons.), PGDBA

Experience:
Ritesh Jain is the Head of Fixed Income and is the Lead Portfolio Manager for the India Fixed Income boutique. He has overall responsibility for the management of all liquid and fixed income products for the Investment Management business in India. Ritesh joined Morgan Stanley in March 2009 and has over 10 years of experience in investment management. Prior to joining Morgan Stanley, Ritesh Jain was Head of Fixed Income at Principal PNB Asset Management Company Pvt. Ltd. Ritesh holds a PGDBA from K.J. Somaiya Institute of Management Studies & Research, Mumbai and B.Com (Hons.) from University of Calcutta.

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Swanand Kelkar,
Vice President

B.Com., A.C.A., PGDM

Experience:
Swanand joined MSIM in 2007 and currently co-manages the Morgan Stanley Growth Fund. He has over 7 years of investment experience, primarily in equity research. Prior to this, he has worked with HSBC Asset Management and Fidelity Business Services.
He received his Bachelors degree in commerce from the University of Mumbai and PGDM from the Indian Institute of Management, Ahmedabad. He is also an associate member of the Institute of Chartered Accountants of India.

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Sonali Bendke,
Vice President - Compliance

B.Com., A.C.S.

Experience:
Sonali joined Morgan Stanley Investment Management Private Limited as Vice President - Compliance in October 2007, and has over 8 years of experience in Legal & Compliance area. Prior to joining the firm, Sonali was a Senior Manager Legal, Compliance and Corporate Secretarial with Principal Pnb Asset Management Co. Pvt Ltd from May 2004 to October 2007, and prior to that she worked with Reliance Capital Asset Management Company Ltd. Sonali received a Bachelor of Commerce from University of Mumbai, and Company Secretary designation from the Institute of Company Secretaries of India.

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