Sachin Bansal-backed Navi Mutual Fund (MF) on Friday announced the appointment of Hari Shyamsunder as the chief executive officer (CEO) of the fund house. He will take over from Saurabh Jain who resigned from his current role on February 28.
Shyamsunder is currently the fund manager of Navi asset management company (AMC). While Jain will be moving to another role within the Navi Group where he will lead a new business vertical. Jain is also part of Securities and Exchange Board of India’s (Sebi) advisory committee on MFs.
According to the press release issued by the company, Shyamsunder brings more