Powered by: Motilal Oswal
2025-05-02 04:02:04 pm | Source: Accord Fintech
JM Financial AMC announces appointment of additional non-executive director and key personnel
News By Tags | #MutualFund #JMFinancialAMC
JM Financial AMC announces appointment of additional non-executive director and key personnel

JM Financial Asset Management Company has announced addendum to the Statement of Additional Information (‘SAI) of JM Financial Mutual Fund.

JM Financial Mutual Fund has informed that, Hariharan Aiyar has been appointed as an Additional Non-Executive Director on the Board of the AMC with effect from April 25, 2025. 

The following details pertaining to Hariharan Aiyar shall form part of the section ‘Details of AMC Directors’ in the SAI. Hariharan Aiyar (57 Years), was associated with Strategic Trading Initiatives and Investments Group (SII) at Morgan Stanley, New York after completion of his MBA with Distinction from Harvard Business School. In 2005, he co-founded Old Lane Partners, a global Asset Management Company along with Vikram Pandit, ex-CEO of Citigroup. Currently, he is the Non-Executive Vice-Chairman of JM Financial Credit Solutions.

Further, AMC has informed that Mayukh Datta has been designated as Key Personnel of JM Financial Asset Management with effect from April 25, 2025. 

Accordingly, following details pertaining to Mayukh Datta shall be incorporated in the SAI under the para titled ‘Information on Key Personnel’: Mayukh Datta (48 years), done his Master’s Program in International Business from Symbiosis Institute of Foreign Trade, Pune and Bachelor of Business Studies from College of Business Studies, Delhi University. Mr. Datta has 26 years of work experience in financial services and business development in Mutual Funds and Insurance. Before joining JM Financial Mutual Fund, he was working with ITI Asset Management as Chief Business Officer managing product, marketing and sales. Prior to that, he has worked with Mirae Asset Management for more than thirteen years managing products and retail sales. He has also worked with IDFC Asset Management and Standard Chartered Asset Management with past stints with ICICI Prudential Life Insurance and CEAT Financial Services. Business development, retail financial services business, product development and marketing are his key areas of expertise.

This Notice-cum-Addendum forms an integral part of SAI of the Mutual Fund, as amended from time to time. All the other terms and conditions of the SAI of the Mutual Fund will remain unchanged

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here