Niket Shah, the Managing Director of Motilal Oswal Principal Investments, has announced his departure from the group after a 14-year association. According to reports from Motilal Oswal AMC, Shah made the announcement through a LinkedIn post, marking the end of his tenure with the financial services group. The departure comes after Shah spent six years on the sell-side before moving to the buy-side, where he managed investment funds and eventually rose to the role of CIO at Motilal Oswal AMC. In January 2026, Motilal Oswal Group had announced an internal leadership restructuring under which Shah moved from his CIO role at the AMC to become Managing Director of its Principal Investments business, with the company stating the move was aimed at strengthening leadership across its businesses.
During Shah's tenure at Motilal Oswal AMC, the asset management business experienced dramatic growth, with assets under management (AUM) increasing from approximately ₹10,000 crore to more than ₹1.75 lakh crore. As reported by Moneycontrol, Shah was elevated to the chief investment officer (CIO) role at Motilal Oswal AMC in 2024, after spending 11 years in the organization. His appointment as CIO came after he had already served as a key figure in the group's investment management division, managing funds and eventually leading the asset management business before his recent move to the Principal Investments division.
Shah has revealed plans to launch an independent asset management venture following his departure from Motilal Oswal. As reported by Motilal Oswal AMC, he announced these plans in his LinkedIn post, signaling his intention to establish a new platform in the asset management sector. With his new venture, Shah aims to create an investment platform centred around institutional-quality processes and a long-term approach to wealth generation. The platform will focus on research-driven investing, institutional-grade governance and creating long-term wealth for investors, according to Shah's LinkedIn announcement. In his latest post, Shah emphasized that "Our mission will be rooted in the same principles that have guided my entire career: rigorous research, institutional-grade governance, and a relentless commitment to creating long-term alpha for our investors."
The new venture will focus on research-driven investing, institutional-grade governance and creating long-term wealth for investors, according to Shah's LinkedIn announcement. According to the reports, the platform will be guided by core principles that have defined his investment career, including rigorous research, disciplined investing and a commitment to delivering sustainable long-term returns. Shah's approach emphasizes institutional-quality processes and a long-term approach to wealth generation, positioning his new venture to compete in the asset management sector with these established values.
