"The Future Of Mutual Funds Looks Promising"

Given that the current landscape of mutual funds is dynamic and evolving, Rashida Kalolwala, Coo, Edelweiss Mutual Fund, states in this interview that the shift towards digitalisation and the emphasis on transparency are some of the factors that will further propel the growth of the mutual fund industry

Could you share with us your journey in the financial industry, leading up to your role as the COO at Edelweiss Mutual Fund?

I began my journey with Forefront Capital in product and business development, which was later acquired by Edelweiss Group. Over the past 12 years at Edelweiss Group, I have held various positions, including roles in product, strategy and business development. Throughout this time, I have taken on increasing levels of responsibility and gained a comprehensive understanding of running an asset management business, while also identifying my strengths and areas for improvement.

I have had the opportunity to lead teams and contribute to various projects and integrations. This journey led me to my current role as Chief Operating Officer (COO) of Edelweiss Mutual Fund, where I oversee the company’s operations. My role truly brings out my strengths of execution and driving efficiency while also demonstrating strong people management skills and identifying and developing the right talent for our organisation’s success.

What are the key responsibilities and challenges you face as COO?

As a COO and a senior executive tasked with overseeing the day-to-day administrative and operational functions of a business, this includes coming up with new ideas to do things more efficiently and innovatively and dealing with problems that may come up along the way. In order to do this, we use new technologies or change the way certain tasks are done. It’s also important to keep an eye on costs and make sure the company is using its resources wisely.