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Nippon India AMC has appointed Aashwin Dugal as the Deputy Head of its alternative business. Prior to this, Aashwin was the Co- Chief Business Officer of Nippon India Mutual Fund.
Aashwin has been associated with Nippon Life MF for over 18 years. He has also worked with Tata MF, Kotak Bank and ING Investment Management.
In a statement sent to Cafemutual, Nippon Life India AMC said, “Aashwin's strategic move to the AIF team as Deputy Head is based on his extensive experience. The company and the board of directors view AIF as a crucial future driver, and as a result, we are allocating our best resources there. Aashwin Dugal will be working closely with Ashish Chugani. Together, they will drive the growth of our domestic and international business."
Nippon Life India AMC manages AUM of Rs.4.4 lakh crore as on June 2023.