HIT by front-running scandal, Axis Asset Management Company, country's seventh largest mutual fund house, on Thursday announced key changes in top management in a bid to regain investors' confidence.
The fund house has let go of its long-time CEO and MD Chandresh Nigam. It has appointed B Gopkumar as managing director and chief executive officer and has roped in Ashish Gupta from Credit Suisse as a chief investment officer. Gopkumar will replace Nigam. Nigam had joined Axis AMC in July, 2009 as head of equities and assumed the role of MD & CEO on May 1, 2013 and led Axis AMC for two terms spanning 10 years.
This story is from the March 10, 2023 edition of The New Indian Express.
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This story is from the March 10, 2023 edition of The New Indian Express.
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