Chandresh Nigam, Managing Director & CEO, Axis MF and Kailash Kulkarni, CEO, L&T MF have been named as the new Directors on AMFI board.
Both Nigam and Kulkarni have replaced Arvind Sethi, former CEO, Tata MF and Ashu Suyash, former CEO, L&T MF who has recently joined CRISIL as its Managing Director.
Chandresh Nigam is a mechanical engineer from IIT, Delhi and holds a PGDM from IIM, Kolkata. A well regarded fund manager, Chandresh has also worked with TCG Advisory, ICICI Prudential MF and Zurich India MF.
Kailash has extensive sales and distribution experience in mutual fund and insurance. Prior to joining Kotak MF, he was the Director - Agency Sales at MetLife India Insurance.
Currently, AMFI has 15 directors including chairman, Sundeep Sikka, CEO, Reliance MF and vice chairman, A Balasubramanian, CEO, Birla Sun Life MF.
