Suresh Soni, CEO, DHFL Pramerica Mutual Fund has put in his papers, confirmed sources privy to the development.
A senior official from the fund house requesting anonymity said, “Suresh has decided to leave to seek opportunities outside the fund industry. Ajit Menon, Chief Business Officer, DHFL Pramerica has been appointed as the interim CEO. We wish Suresh all success and thank him for helming the fund to its current position.”
Suresh has over 23 years of experience in Indian financial markets, holding senior positions across investments and general management. Prior to this, he was the Managing Director and CEO of Deutsche MF that was acquired by DHFL Pramerica two years ago. He had worked as the fund manager of a few fund houses such as Deutsche MF, Pioneer ITI, Sundaram Newton and SBI.
Suresh holds BSc degree and is a Chartered Accountant and Cost & Works Accountant.