Avigna Group, company having a portfolio ranging from Infrastructure & Warehousing, Real Estate, Textiles to Education for over 4 decades now, appoints Iliyas Penbelli to the role of  Chief Operating Officer for their new vertical-Avigna Capital that will focus on the Capital Strategy.

With over 15 Years of experience in Capital Markets across various verticals, Iliyas comes with an immense exposure in segments like Fund Structuring, Execution, Implementation and setting up across various jurisdictions right from India, Singapore to Luxembourg and Mauritius, to name some of the geographies. Iliyas has undertaken many projects with meticulous business planning in line with global perspective towards development in his performance-driven career

“We are very excited to welcome Illiyas to the Avigna family. Exhibiting a proven record of achieving and exceeding business-development and revenue-generation goals in high-pressure environment, we have every confidence in Illiyas to contribute towards the company’s next phase of growth and strategy. We are certain that his expertise and vast experience of the domain will be an asset in taking our vision forward,” said Mr. Abhijit Verma, Executive Director & CEO at Avigna Group.

Prior to joining Avigna, Iliyas was heading the role of Director of Sales in Amicorp Group overlooking the Corporate Secretarial & Fund Administrative services, Estate & Succession Planning and Alternate Investment Funds (AIFs) structuring and Operations across 40+ offices.

He has also led the Business for Custodial services and executed the biggest FDI transaction in the history of Indian FDI, of $12.9bn during his stint with Axis Bank. Besides these, he has worked with HDFC Bank, IL&FS Securities Services Limited and State Street Syntel Sourcing Pvt Ltd.

Holding a Masters in Business Administration in Finance from SIES Management College, Mumbai, at Avigna Capital Iliyas will be bestowed the responsibility to create a sustainable structure where all the projects across India are funded with a healthy mix of Equity and Debt both domestically and internationally.

“I am thrilled to join Avigna Group at this pivotal growth period where the company is expanding and exploring endless opportunities in various segments and markets. I will be working closely with the team for raising funds for the entire group. I believe my journey with Avigna Group will be a great platform for me to apply and hone my skills and take my knowledge up several notches”, said Iliyas Penbelli.


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