Baheti took over the charge from Debasish Mallick who has now moved to IDBI bank.
Satya Narayan Baheti has been appointed as Managing Director & Chief Executive Officer of IDBI Mutual Fund, according to a press release issued by the company on Monday. Debasish Mallick is now Chief General Manager of IDBI Bank.
Baheti joined IDBI Bank as an Assistant General Manager in 1987. His most recent stint was in the capacity of Managing Director and Chief Executive Officer in IDBI Infrafin. Baheti had also worked as a Chief General Manager in IDBI Bank and his experience varies across responsibilities such as central accounts, company secretarial functions, compliance, risk, audit, corporate finance, capital markets and resources mobilization, company directorships, institution building, performance monitoring etc.
Baheti is a qualified Chartered Accountant, Company Secretary and a Certified Associate of Indian Institute of Bankers. He brings with him over three decades of experience in the banking and financial industry.
Cafemutual first reported about Baheti’s appointment on May 05.
IDBI Mutual Fund has assets under management of Rs. 5,929 crore as on March 31, 2014.
