OIJIF eyes next phase of growth under Chavva’s leadership, leveraging his global investment expertise
The Oman-India Joint Investment Fund – Management Company (OIJIF), a private equity fund manager backed by the Oman Investment Authority (OIA) and the State Bank of India (SBI), has announced the appointment of Satish Chavva as its new Chief Executive Officer, effective April 1, 2025, reported zawya.com.
Before assuming the role, Chavva was with British International Investment (BII) — the UK’s development finance institution — where he led Direct Private Equity for South Asia. With more than 20 years of experience in private equity investing and financial management, Chavva is known for driving significant value creation for his portfolio companies across diverse industries and international markets.
Chavva, a seasoned private equity expert, brings over two decades of investment leadership across sectors and geographies to OIJIF
Notably, this marks a homecoming for Chavva, who previously served as Director of Investments at OIJIF from 2016 to 2022. His earlier stint saw him play a pivotal role in shaping OIJIF’s investment management strategies and executing key investments under Oman-India Joint Investment Fund II (Fund II).
Holding degrees from IIT Bombay, the University of Texas, and an MBA from INSEAD, Chavva is well-equipped to steer OIJIF into its next chapter. Speaking on his appointment, he said, “I am honoured to return to OIJIF, an organisation with a strong legacy in India’s mid-market private equity space. I look forward to working with the board and the team to drive strategic growth, create investor value, and foster long-term success for our portfolio companies.”
OIJIF has also secured regulatory approval to launch its third fund, Oman-India Joint Investment Fund III (Fund III), targeting $250 million. Fund III will focus on mid-market investments across sectors like consumer goods, financial services, healthcare, niche manufacturing, and technology, continuing the fund’s commitment to advancing India’s growth story.
The board expressed confidence that Chavva’s deep familiarity with OIJIF and his collaborative leadership will be instrumental in accelerating the fund’s growth and strengthening partnerships in the years ahead.
