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SBI Funds Management, a joint venture between State Bank of India and Amundi, has appointed Nand Kishore as Managing Director & Chief Executive Officer.
Kishore was the Deputy Managing Director of State Bank of India. He has succeeded Shamsher Singh.
Kishore has more than 34 years of rich experience working with State Bank of India across major banking verticals such as branch banking, international operations, treasury operations & investment banking, corporate banking and retail operations.
He began his career at the State Bank of India as a Probationary Officer in 1990 and moved up the ranks to become Deputy Managing Director
Over the past 34 years, Kishore has held several key positions, including Chief Dealer at SBI New York, Deputy General Manager & Chief Operating Officer at Corporate Accounts Group in Delhi, Deputy General Manager (Interest Rate Markets) at Global Markets in Mumbai, General Manager at Corporate Accounts Group in BKC, Mumbai, and Chief General Manager, Bengaluru Circle.
In a press release, Kishore said, “Our goal is to not just be a market leader but a market maker, expanding our reach and influence to become the first port of call for investors. We offer a comprehensive range of services across mutual funds, portfolio management services, alternative investment funds, offshore funds, and gift city, catering to retail, high net worth individuals, corporates, and institutional investors.”