UTI AMC has appointed Vetri Subramaniam as Chief Investment Officer and Ajay Tyagi as Head-Equity. Vetri Subramaniam will oversee the equity, fixed income, research and dealing functions of the company. Vetri joined UTI AMC as Head of Equity in January 2017 and has led the function with much success since then. Ajay Tyagi will take over as the Head of Equity in the company.
Ajay joined UTI AMC in the May 2000 as a management trainee and analyst and now manages UTI’s largest equity scheme as a Fund Manager and has a strong track record. Imtaiyazur Rahman, CEO, UTI AMC said “This is a significant development in the transformation process initiated by the company. The creation of this role of the Chief Investment Officer will provide stewardship of investment processes across asset classes. This will also bring about more synergy in the investment function and enhanced cohesiveness among the teams of Fund Management, Research and Dealing. The position will bring greater focus on building and nurturing a strong cadre of investment professionals within the organisation. These changes will enable us to better meet the expectations of our investors and stakeholders.”
Stellantis has announced that Saurabh Vatsa and Nipun J Mahajan will now be responsible for the Citroën brand and Jeep Brand in India, respectively. In his new role, Saurabh will be responsible for Sales, Marketing, Aftersales, Product Planning and PR functions for Citroën in India. He has been instrumental in devising and implementing the unique strategy for the launch of Citroën brand and C5 Aircross SUV in India. For the Jeep brand, Nipun will be responsible for Sales, Marketing, Aftersales,
Product Planning and PR functions in India. Nipun has been with the Jeep brand for 5 years in the position of Vice President, Sales operations and Network development. He has been instrumental in launching the Jeep brand in India and achieving the 50,000 sales milestone for the Jeep Compass.
Saurabh and Nipun will report directly to Roland Bouchara, CEO & Managing Director for Stellantis in India. “I am pleased to welcome Saurabh and Nipun to our India leadership team. These appointments are a continuation of the seamless integration process that has been well underway since Stellantis was born,” said Bouchara. “Both Saurabh and Nipun brings to their position a series of stellar achievements and rich industry experience from which our customers, partners and the Group as a whole will benefit greatly.”
Poonawalla Fincorp (Formerly Magma Fincorp Limited), has and strengthened its leadership team. As a part of its transformation exercise Poonawalla Fincorp has brought in various industry leaders through a string of top executive hirings across the functions.
Rajendra Tathare, with more than two and a half decades of experience in credit risk and policy formulation has joined Poonawalla as its Chief Credit Officer. He was last associated with Fullerton India as Head of Credit Underwriting and spent almost 15 years with them. Prior to that Rajendra has worked with HDFC Bank and brings in a strong knowledge of retail lending across various asset classes.
Manish Kumar has joined the company as Group Chief Human Resources Officer. Manish brings with him vast experience across BFSI space with players like RBS, IDFC and ICICI bank. He has earlier driven transformations and will be driving people management for the group.
Rashmi Prasad has joined as Head, Analytics. With rich experience of more than 16 years, he was last heading Analytics for Tata Capital and has previously been associated with players like Bajaj Finance and L&T Finance.
Mitul Budhbhatti has joined the company for Credit & Risk Monitoring from CARE Ratings where he worked for more than 15 years managing the BFSI ratings. The company has appointed Surya V. as its Chief Strategy Officer. He has more than two decades of experience in BFSI segment and was last associated with ICICI Bank. Indiresh Phaltankar will lead company’s foray into the Loan against Property (LAP) business as Business Head for this product. An ISB graduate with over two decades of experience, he was previously associated with HSBC and Aditya Birla Finance Limited.
