Jio BlackRock Names CEO, Prepares For Fund Launch

Jio BlackRock Asset Management Pvt. Ltd., the joint venture between Jio Financial Services and BlackRock Inc., on Monday named Sid Swaminathan as Managing Director and CEO, and unveiled its leadership team and website.

Swaminathan, formerly head of international index equity at BlackRock managing $1.25 trillion in assets, will lead the firm’s push to offer innovative, data-driven investment products at competitive, transparent pricing. Amit Bhosale will serve as Chief Risk Officer.

The company is planning a phased product rollout in the coming months, leveraging BlackRock’s expertise in data-led investing. Meanwhile, its website now offers an early access initiative, allowing users to explore its digital-first approach and educational tools.

Last month, SEBI granted Jio BlackRock approval to operate as the asset management company for the Jio BlackRock Mutual Fund. The JV had earlier received in-principle approval to act as co-sponsor with BlackRock Financial Management Inc.