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Axis MF has promoted R Sivakumar as the Head of Corporate Strategy, BIU & Data Science. Sivakumar was earlier the head of fixed income at the fund house.
Further, the fund house has elevated Devang Shah as Head – Fixed Income. He has over two decades of industry experience of which, 18 years have been spent in the mutual fund industry.
The AMC has also fortified its sales channel through the appointment of Rohit Mattoo as the National Head of Retail Sales, Arunima Nain as the National Head of Wealth & Family Office and Vikash Wadekar as the Head for the Passive Business.
In a press release, B Gopkumar, MD & CEO, Axis AMC said, “Leveraging his extensive knowledge and years of experience, Sivakumar is well-positioned to steer enterprise-wide strategy and new initiatives, adding heft to the company’s strategic intent for accelerating growth. Additionally, we believe that Devang’s immense knowledge and years of expertise is well-positioned to navigate market dynamics. Axis AMC is committed to capitalizing on the expertise of Rohit, Arunima and Vikash. Their deep industry experience and understanding will further strengthen the company's various sales channels.”