Dilip Kumar Mandal will take charge as the CEO of IDBI Mutual Fund. Prior to joining IDBI MF, Mandal was the Chief General Manager for mid-corporate and retail segment heading the East zone.
He succeeds Satya Narayan Baheti who had joined the fund house in 2014. Baheti has joined back IDBI Bank as its Chief Compliance Officer on August 16.
Mandal has over 28 years of experience in banking and financial services. He holds Bachelor of Technology (B.Tech.) from IIT Kharagpur.
IDBI MF manages AUM of Rs. 6,719 crore as on June 2016.