The latest entrant in the Rs.25 lakh crore mutual fund industry, Yes Mutual Fund has appointed Suren Kochhar as its Head Sales and Marketing, said two sources.
Kochhar is expected to set up the distribution network of the fund house.
Prior to this, Kochhar was Chief Business Officer at Indiabulls MF. In the past, he has also worked with Principal Mutual Fund, BNP Paribas Mutual Fund, Kotak Mahindra Mutual Fund and Tata Finance. He has over 20 years of experience in sales and marketing.
Kochhar is a commerce graduate from Delhi University.
Apart from Kochhar, the fund house appointed Piyush Baranwal as its debt fund manager. Baranwal was earlier associated with BOI Axa Mutual Fund, Morgan Stanley and Principal Mutual Fund.
Recently, Yes Mutual Fund has received SEBI approval to launch two debt funds – Yes Liquid Fund and Yes Ultra Short Term Fund.