About · Board of Directors

The Board of NIFM.

Two directors whose combined experience spans fund management, financial regulation, and global asset allocation across multiple jurisdictions and market cycles.

Dr Ryan Lemand
CEO and Founder

Dr Ryan Lemand

Dr Ryan Lemand is a seasoned finance professional with a diverse and extensive career as an Investment Manager and a Financial Regulator. He has deep experience in Fixed Income, Credit, Quantitative Asset Allocation and Risk Management, having managed significant portfolios of institutional assets in Paris, London and New York.

As a Senior Advisor to the UAE's Federal Government, Dr Ryan worked principally on financial regulatory subjects where he both led and contributed to key initiatives that developed many of the core Financial Regulations in the UAE, including Regulations on Collective Investment Schemes, Financial Analysis and Consultancy Services, Market Making and other topics.

He was also principally responsible for leading the Funds and Investment Management team that handled the licensing and approvals for local and foreign mutual funds and investment managers. In addition, he advised on a variety of subjects relevant to the UAE's macroeconomic policy.

Dr Ryan has a proven track record in green field projects and in growing and scaling companies, as demonstrated by his founding of the Wealth and Asset Management arm for the Abu Dhabi based ADSS Group, which grew to become one of the largest asset managers in the Abu Dhabi Global Market (ADGM).

As a former Regulator, he is also well versed in advising on regulatory matters that range from obtaining financial services permissions to assisting in solving complex regulatory issues.

A sought after speaker, appearing on major financial news networks and major conferences in the UAE and the region, Dr Ryan is regularly interviewed about international markets and asset allocation topics.

In the academic field, he has two published books on financial contagion and a number of research articles on various finance subjects. Furthermore, he has also taught financial econometrics and applied mathematics at leading universities in Paris, France.

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Ashish Marwah
Director

Ashish Marwah

Ashish joined Neovision Investment Fund Management in 2023 as its Director and Chief Investment Officer.

Until March 2023, he was the Chief Investment Officer of ADS Investment Solutions Limited. He joined ADS group in 2014 to set up the Asset Management business. In his capacity as Head of Asset Management, he was responsible for Asset Allocation and Portfolio Management of ADSI funds and client portfolios as well as running the Third Party Fund Platform.

While at ADSI, he launched and managed the ADSI Global Fixed Income Fund, which delivered a 13% outperformance over global aggregate since its inception in May 2019. He also ran the global equity portfolios delivering consistent outperformance since inception in 2018. From 2015 to 2017 he managed the GCC Multi-Asset fund launched in partnership with Duemme SGR.

He also launched the FTSE ADS Saudi Minimum Variance Fund in 2019, the first public fund in the country utilising a minimum variance strategy to generate significant outperformance over the Saudi market.

From 2011 to 2014 Ashish managed the AUM India Select Fund outperforming MSCI India by over 9%. From 2003 to 2010 Ashish managed award-winning funds during his time at Atlas Capital Ltd. (later acquired by Sciens Capital). He has experience in a variety of strategies, including long/short equity, credit, global macro, and emerging markets.

He received an MBA from the University of North Carolina at Chapel Hill in 2003 and a Bachelor's degree in Commerce from Panjab University, Chandigarh. He is an Associate of the Institute of Chartered Accountants of India.

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