Enfusion Announces Appointment of Chief Operating Officer

November 20, 2023 at 08:15 AM EST

Neal Pawar brings decades of experience as a financial services and technology leader to Enfusion, having previously served in executive and leadership roles at AQR Capital Management, D.E. Shaw, Deutsche Bank, and UBS Wealth Management

Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, announced today that it has appointed Neal Pawar to serve as Enfusion’s Chief Operating Officer (COO) effective November 27, 2023.

As Enfusion continues to accelerate its growth trajectory and reinforce its market leadership position, Mr. Pawar will play a key role in shaping the next phase of Enfusion’s business strategy and establishing best in class operational management practices. He will focus on driving cross-functional innovation and collaboration that will enable Enfusion to optimize its business operations, scale technology and infrastructure, and ultimately take the client experience to a level unmatched by other solution providers.

“Neal is an incredibly exciting and timely addition to Enfusion’s leadership team,” said Oleg Movchan, Chief Executive Officer of Enfusion. “His deep industry and leadership experience in scaling technology and engineering, product development, and business operations will be transformative for Enfusion as we enter our next stage of growth. Neal is uniquely qualified to be Enfusion’s COO given his experience in commercializing software and data solutions supported by a rare blend of technology and operating expertise across traditional and alternative investment strategies, wealth management and investment banking. I look forward to partnering with Neal as we continue to scale the business and expand our market footprint with global enterprise clients within the institutional investment management space.”

Mr. Pawar has spent nearly 30 years in the financial services industry and has held a variety of leadership roles. Most recently, Mr. Pawar was the COO and later the CEO of Qontigo, a provider of financial intelligence tools and indices for investment managers. Prior to that, Mr. Pawar served as Group Chief Information Officer at Deutsche Bank, Principal and Chief Technology Officer at AQR Capital Management, Chief Information Officer at UBS Wealth Management, and Managing Director at D.E. Shaw. Mr. Pawar holds a B.S. in Computer Science from Brown University.

“I’m thrilled to join Enfusion and looking forward to working closely with Oleg and many other individuals and teams across the organization to enable Enfusion’s execution of its ambitious growth and innovation strategy,” said Mr. Pawar. “As an engineer at heart, my operating roles have allowed me to lead and influence the way Institutional Investors harness investment software platforms. I am excited to bring this, as well as the experience I've gained operating a large, global SaaS business, to Enfusion.”

About Enfusion

Enfusion’s investment management software-as-a-service (SaaS) platform removes traditional information boundaries, uniting front-, middle- and back-office teams on one cloud-native system. Through its software, analytics, and middle/back-office managed services, Enfusion creates enterprise-wide cultures of real-time, data-driven intelligence, boosting agility, and powering growth. Enfusion partners with over 800 investment managers from 10 global offices spanning four continents.

Forward-Looking Statements

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Source: Enfusion, Inc.

Source Code: ENFN-IR