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SBI Mutual Fund has appointed Shamsher Singh as the new Managing Director and Chief Executive Officer of SBI Mutual Fund.
Prior to this, Shamsher Singh was the Deputy Managing Director of State Bank of India. Singh has more than 32 years of experience working with State Bank of India in various verticals including investment banking, treasury, corporate banking and branch banking. He joined State Bank of India as Probationary Officer in June 1990.
Shamsher spearheaded SBI’s retail business operations across the state of Gujarat and Union Territory of Dadra and Nagar Haveli & Daman and Diu.
In a press release, Shamsher said, “I will continue to work towards our mission of being an ethical, responsive and innovative partner in investment solutions while consistently delivering value to our investors and distribution partners. As a market leader our aim is to ensure that more domestic investors consider mutual funds when planning for their financial goals while we reach out to investors for our offerings across portfolio management services, alternative investment funds and offshore funds.’