AMFI is looking to appoint a new CEO. Current AMFI CEO, HN Sinor is unlikely to continue with the role. His tenure will end when new CEO gets appointed.
AMFI has invited application from the candidates having a minimum experience of 25 years in the financial market and have at least 5 years of experience in a role of a CEO or whole time director. Eligible candidates can send their applications to AMFI before June 1.
The board will appoint the new CEO in a few months.
Earlier in January this year, AMFI has reappointed HN Sinor as the CEO. He had joined AMFI in 2010 as CEO and succeeded AP Kurien in this position.
During his tenure, the mutual fund industry has had to deal with sweeping regulatory changes and a challenging business environment. Among other initiatives, AMFI had initiated investor awareness campaign, IMFI (SRO body for distributors) and MF Utility.
Prior to this, Sinor was CEO of Indian Banks Association. A veteran with over four decades of experience in banking, he was the Managing Director and Chief Executive Officer of ICICI Bank.