Mirae Asset announced the appointment of Mahendra Kumar Jajoo as its Head of Fixed Income.
“We are very pleased that Jajoo has joined our organization and we believe this is an important step in strengthening our fixed income investment team and in line with our strategy to increase the share of fixed income in our overall AUM mix,” said Swarup Mohanty, CEO, Mirae Asset MF in a press release.
His previous stints have been with Pramerica, Tata and ABN AMRO, where he was heading fixed income desk. Mahendra has also worked with ICICI Group.
Mahendra is a CA, CFA (USA) and CS. He has over 25 years of experience in financial services.
Mirae MF’s assets under management has crossed Rs. 5,000 crore recently, which is largely in equity funds.