UK Sinha joins Nippon India AMC as Independent Director and Board Chairman

The Board of Directors of Nippon India Life AMC has appointed UK Sinha as an Independent Director & as Chairman of the Board, with effect from May 1, 2023.

Sinha is the former chairman of SEBI, UTI AMC and AMFI. During his 3 decades plus of experience he has held several responsible government positions in India, including as Joint Secretary (Banking) and Joint Secretary (Capital Markets) in the Ministry of Finance and Chairman of the Working Group on Foreign Investment in India.

In a press release, the fund house said, “We warmly welcome the induction of Mr. Sinha on the Board & to act as its chairperson. We believe that with his experience and leadership, NAM India will receive a further boost to the already existing culture of strong corporate governance & high standards of compliance & risk management and it would also help in the overall growth of the business.”