| Prasad is expected to take over in October this year. The fund has been without a proper chief executive officer for the last two years since Jeremy Beswick vacated the post. |
| S K Mitra, who was officiating as the managing director of the mutual fund, continues in his role as the managing director of Birla Global Finance Ltd. |
| There has been a lot of speculation over who would be the new CEO of the AMC and the fund house has been searching for a chief for quite some time now. The AMC manages assets of over Rs 8,000 crore as on August 31, 2003. |
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