Tushar Pradhan appointed CIO, HSBC Asset Management (India)

HSBC Asset Management (India), today announced the appointment of Tushar Pradhan as CIO of HSBC Mutual Fund from June 15.

As CIO, Pradhan will be responsible for all investment activities and investment strategy, a press release issued here stated.

Pradhan, an MBA in investment finance, has over 17-years of experience in fund mangement.

He has worked in the US for a couple of years before returning to India to work with HDFC Asset Management and more recently with AIG Global Asset Management, the release said.

HSBC Asset Management (India) CEO, Vikramaaditya, said that "the mutual fund industry has huge potential in India and this key appointment underlines our commitment to become one of the leading asset management companies in India."