SBI Fund appoints Shamsher Singh as MD and CEO | Jobs Vox


SBI Funds Management Limited (SBIFML), a joint venture between State Bank of India and Amundi, Europe’s largest asset manager, has announced the appointment of Mr. Shamsher Singh as MD and CEO of SBI Funds Management Limited.

Shamsher Singh, Deputy Managing Director, State Bank of India, has been appointed Managing Director and CEO of SBI Fund Management Ltd as a result of Vinay M. Tons’ return to State Bank of India.

Mr. Singh has over 32 years of rich experience working with State Bank of India across Investment Banking, Treasury, Corporate Banking and Branch Banking. In the year He joined State Bank of India in June 1990 as a Probationary Officer and rose to the rank of Deputy Managing Director, successfully holding leadership roles in various domains besides serving international operations in the US, Bahrain and UAE.

Prior to SBIFML deputation, he was heading SBI Ahmedabad Circle as General Manager from November 2020 and was responsible for driving business growth and ensuring regulatory compliance across 1400+ branches of SBI. He headed SBI’s retail operations in Gujarat State and Union State of Dadra and Nagar Haveli and Daman and DU.

Singh said, ‚ÄúDelivering the best investment solutions through a process-driven approach that maximizes transparency, convenience and value creation. I will continue to work to achieve our mission of being an ethical, responsive and innovative partner in investment solutions by continuously delivering value to our investors and distribution partners. As a market leader, we aim to ensure that more domestic investors consider mutual funds when planning for their financial goals and connect with investors through our portfolio management services, alternative investment funds and offshore funds. As I embark on this new journey, I am confident that SBI Fund Management will reach new heights and heights while serving its stakeholders.”

Get all the corporate news and updates on Mint Live. Download the Mint News app to get daily market updates and live business news.

A little bit of booze



Source link