Ep 25: The Interview AJIT MENON, CEO - PGIM India Asset Management Pvt Ltd.

In this 25th Episode of the AUM Finance Podcast, I get to Interview the CEO of PGIM India Asset Management Pvt Ltd. Mr. Ajit Menon.

We take a close look at the PGIM’s purpose statement & discuss in depth the subject of Retirement Planning…

● Why do people shy away from discussing the word “Retirement”? What are the taboos associated with this word…

● Retirement is the only financial goal for which one cannot take a loan

● Retirement Planning & Financial Freedom go hand in hand.

● Approaching retirement from a fresh perspective as freedom from the primary profession & not from work per se…

● What is the risk of knowing one skill in your life?

● People tend to de-prioritize retirement planning because the word “Retirement” has a negative connotation attached to it.

● 99% of Indians earn <15 Lacs per annum.

● How important it is to develop multiple skills outside one’s profession that can be monetized later in life.

● The Secret of Remaining Wealthy is to have Multiple sources of Income.

● The Transition of the Indian Economy over the past few decades

● WhyJobs with high empathy cannot be replaced by AI.

● Financial Advisory is a job that needs empathy and hence can never be automated beyond a point…

● All about PGIM Mutual Fund

● PGIM stands for – Prudential Global Investment Managers. It’s the 11th Largest Mutual Fund in the World, managing USD 1.4 Trillion.

● PGIM India AUM = 25,000 Crores

● The Purpose Statement of PGIM – “We make lives better by solving the financial problems of a changing world”

● Equity is the only asset class in the world that captures human progress.

● There are only 7 ways to create wealth…

📺 Tune in to the AUM Finance Podcast for this engaging and insightful episode, combining expert knowledge with practical advice to navigate the dynamic world of finance.