Home | Register | Sign in | Contact Us | Sitemap |
   
04 Jan 2011 12:00 AM
Deepak Kumar Chatterjee next MD of SBI MF 
Ravi Samalad
 

Mr. Gupta, the current MD & CEO is set to join SBI Bank

 

Mumbai: Deepak Kumar Chatterjee is all set to be the new managing director of India’s sixth largest fund house SBI Mutual Fund, sources confirm. Achal Kumar Gupta, the current Managing Director and CEO of SBI Mutual Fund is moving back to SBI Bank where he spent over 28 years. During his tenure, SBI Mutual Fund’s assets under management grew 38% from Rs.30, 132.40 crore in June 2008 to Rs 41,497 crore during Oct-Dec quarter.

 

Sources say that Mr. Chatterjee is likely to take charge as MD of SBI MF from next Monday, 10 January 2010. “This is an inter departmental change. He is going back to the bank,” said a source privy to the development. 

Mr. Gupta held various roles in the public sector bank like Credit Administration, International Banking Operations, Branch Management, Agricultural Banking and Relationship Banking. He was appointed as the Managing Director of SBI Mutual Fund on 15 May 2008 following the retirement of earlier MD Mr. Syed Shahabuddin.

 
|
|
|
|
Cafemutual welcomes your comments. Any disagreements or criticisms must be expressed in a dignified manner. Thank you.
blog comments powered by Disqus
 
Related Articles
Kotak Mutual Fund to buy schemes of PineBridge Mutual Fund
DSP BlackRock Mutual Fund files offer document for its DSP BlackRock Arbitrage Opportunities
Birla Sun Life Mutual Fund files offer document for its Birla Sun Life Emerging Leaders Fund - Series 5 and Series 6
Birla Sun Life Mutual Fund files offer document for its Birla Sun Life Equity Savings Fund
Birla Sun Life Mutual Fund files offer document for its Birla Sun Life Manufacturing Equity Fund
Deutsche Asset Management India launches DWS Hybrid Fixed Term Fund – Series 30
DSP Black Rock Mutual Fund launches constant maturity gilt fund
ICICI Prudential Mutual Fund files offer document for its ICICI Prudential Hybrid Savings Fund
It’s raining new equity fund launches
Sundeep Sikka reappointed as AMFI chairman
523 delegates attend Cafemutual Confluence 2014
Mutual fund industry adds 1.28 lakh equity folios in August: SEBI
MF Utility opens subscription for mutual fund distributors
All you need to know about Jan Dhan Yojana
Equity funds attract Rs. 5,217 crore net inflows in August
CAMS launches ‘on the go’ technology solutions for mutual funds
 
About Us | Media | Advertise With Us | Editorial Policy | Contact Us | Privacy Policy | Disclaimer | Sitemap
© Cafemutal.com. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of cafemutual.com is prohibited.
Best Viewed in I.E 7.0 and above. Resolution: 1024 * 768. Developed & Hosted by Accord Fintech Pvt. Ltd