Navneet Munot to head HDFC MF as Milind Barve's term ends on Jan 31

Munot is currently CIO and executive director at SBI MF, a position he has held the past 12 years

HDFC Asset Management Company (AMC) has appointed Navneet Munot (pictured) the new Managing Director and Chief Executive Officer (MD and CEO) of the fund house.

Munot, currently the chief investment officer (CIO) and executive director of SBI Mutual Fund, will succeed long-time MD Milind Barve, whose tenure ends on January 31, 2020.

“The board of directors is pleased to inform that during the meeting held on November 16, 2020, it approved the appointment of Navneet Munot as managing director and chief executive officer of the company, and he will succeed the present MD Milind Barve,” HDFC AMC said in a stock exchange