NEW YORK - KKR, a leading global investment firm, has appointed Ruchir Swarup as Partner and Chief Information Officer, effective immediately. Swarup's role will focus on advancing the firm's technology strategy and enhancing its use of technology to increase efficiency and reduce risk.
Swarup, with nearly three decades of industry experience, joins KKR from Addepar, where he held the position of Chief Technology Officer. His tenure at Addepar was marked by the development of a cohesive product and platform strategy and efforts to expand the company’s reach through global Research & Development and strategic acquisitions.
Prior to his role at Addepar, Swarup spent nearly 20 years at BlackRock (NYSE:BLK), where he served as Managing Director and Global Head of the Aladdin Product Group. His responsibilities there included overseeing post-trade capabilities, regulatory and client experience technology, and enterprise operations.
Swarup's influence was instrumental in shaping BlackRock’s technology strategy for their Aladdin platform, a comprehensive investment system that integrates risk analytics with investment tools.
Ryan Stork, Chief Operating Officer of KKR, expressed enthusiasm for Swarup's appointment, citing his extensive experience and management skills as valuable assets for KKR's continued technological advancement and firm-wide connectivity.
Swarup himself expressed honor at joining KKR and a commitment to driving transformative technology initiatives within the firm.
KKR, known for its alternative asset management, capital markets, and insurance solutions, sponsors investment funds in private equity, credit, and real assets, and has strategic partners managing hedge funds. The firm also operates insurance subsidiaries under Global Atlantic Financial Group, offering retirement, life, and reinsurance products.
This announcement is based on a press release statement from KKR.
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