Emkay Global Financial Services, one of India's leading financial services company, announced the appointment of Parag Morey as the Head of Sales for the wealth management business.

A post graduate in Finance from Pune University, Parag has over 21 years of experience in financial services industry.  At Emkay, Parag will be heading sales for wealth management business and will be responsible for setting up team and driving the entire sales function of the division and setting out quality standards for various operational areas, implementing quality systems and procedures to facilitate a high quality customer experience.

Parag Morey said, ''I am excited to join Emkay Global Financial Services' wealth management division. My passion and key strength of looking at strong fundamentals anchored on knowledge, and building profitable business book with the values of long term, disciplined, focused and synergistic approach aligns well with Emkay's vision and core values. I look forward to being part of this exciting journey and establishing Emkay’s leadership position in the wealth management advisory business.''

Shares of the company declined Rs 3.7, or 3.08%, to settle at Rs 116.50. The total volume of shares traded was 1,773 at the BSE (Monday).