UTI Mutual Fund has formed a screening committee comprising three of its board members to zero-in on a suitable candidate to occupy the corner office.
The committee, comprising DK Mehrotra (former Chairman of Life Insurance Corporation of India), Uttara Dasgupta (former Chief General Manager of State Bank of India) and James S Riepe (former Vice-Chairman of the board of directors of T Rowe Price), has been formed following Leo Puri demitting office as Managing Director of India’s sixth-largest mutual fund on completion of his five-year term on August 13.