LIC Mutual Fund has appointed TS Ramakrishnan as its Managing Director & CEO. Ramakrishnan has succeeded Dinesh Pangtey.
Ramakrishnan has a rich experience of over 34 years at LIC and its subsidiary companies. He joined LIC Mutual Fund on April 2021.
Ramakrishnan was the Regional Manager - Western Region and subsequently transferred to LIC Housing Finance as General Manager.
In a press release, Nityanand Prabhu, Executive Director & Business Head at LICMF, said: “LIC Mutual Fund aspires to be the preferred investment manager and mutual fund of choice to the investing public by offering right investment solutions coupled with best-in-class service. Ramakrishnan comes on board at an exciting phase of the journey of consolidating our position in the market. Our objective is to deepen our presence across Tier II, III cities to gain retail penetration.”
Ramakrishnan said, “I am excited about the long-term potential of the mutual fund industry on the back-drop of its under-penetration. Coupled with LIC’s strong brand presence across the country and rising significant retail investor interest, we will continue to grow our presence in Tier II, III cities and across the country.”
Ramakrishnan is a Bachelor of Commerce (Hons.) and PGDIM and has been awarded Fellowship from the prestigious Insurance Institute of India.
