Web18 Appoints Prashant Mehta as SVP Biz Development

Mumbai:Web18 has announced the appointment of Prashant Mehta as Senior Vice President, Business Development & New Products, Moneycontrol.com. He will report to Joyson Thomas, COO, Web18.

As Senior VP – Business Development & New Products, Prashant will be responsible for creating and driving new product strategies and focusing on personal finance solutions for the investor community. Before joining Web18, Prashant worked with HSBC as Vice President and Product Head – Investment Products, HSBC Invest Direct Securities.

Prashant completed his B.Sc. in Chemistry in 1992, and his M.M.S. in Finance & Marketing in 1994, both from Bombay University. He ranked no. 2 in his college in both courses. He also topped his PGDEIM course from the Indian Merchants Chamber.

Prashant brings with him over 15 years of valuable experience in the financial services industry. A Domain Specialist in Personal Finance products like Mutual Funds, PMS, Bonds, IPOs, FD, he has vast Product Management expertise in all the above fields.

Prashant has also had wide experience in Broking Firms like UTI Securities, and Banks like UTI Bank & Centurion Bank of Punjab, where he was responsible for starting, building & managing the investments product desk & product team at both banks.

Commenting on the new appointment, Mr. Surya Mantha, CEO, Web18, said, “. At the landmark juncture of moneycontrol having completed a decade of serving Indian investors, it gives me great pleasure to welcome on-board Mr. Prashant Mehta. His vast experience in the financial services industry will be crucial in helping Moneycontrol grow to new heights of financial expertise”

On his appointment, Prashant Mehta said, “I look forward to being part of this vibrant portal, which has grown from strength to strength in the last decade. I hope to add to the current host of offerings with revolutionary new product ideas.”

This appointment came at an opportune moment for Moneycontrol.com, which completed 10 years on November 5, 2009. Moneycontrol.com has grown into Asia’s largest and the world’s second largest financial and business portal. With enhanced news coverage, power tools such as Portfolio, its new news offering of the News Center, and an extremely sticky and loyal user base, Moneycontrol boasts of about 380 million page views every month, 5.7 million users and 3.1 million registered users seeking information and guidance for all their financial needs and queries.

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