LIC Mutual Fund appoints Mr. Ravi Kumar Jha as Managing Director and Chief Executive Officer
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LIC Mutual Fund Asset Management Limited
has announced the appointment of Mr. Ravi Kumar Jha as its Managing Director and Chief Executive Officerwith effect from 31stJanuary 2024.
Mr. Jha, with a distinguished career and prior association with LIC, comes with a proven track record of over 30 years in handling diverse positionsand he was serving as Executive Director-Corporate Strategy tillDecember 2023.
His Previous roles include Executive Director Corporate Strategy – LIC Mutual Fund Asset Management Limited and various positions at LIC of India.
Mr. Jha (57) holds a bachelor’s degree (Hons.) in Commerce from Ranchi University.
Commenting on his appointment, Mr. Ravi Kumar Jha said, “Given the impressive growth of the mutual fund industry, I am thrilled to take on the leadership role at LIC Mutual Fund Asset Management Limited at this pivotal moment. My goal is to expand our presence across different regions and reinforce our position in the current market with an endeavour to serve esteemed investors and customers as a trusted partner in wealth creation and a mutual fund of choice.I am eager to tackle the challenges and capitalize on opportunities to drive innovation, foster growth, and elevate LIC Mutual Fund to greater heights”.
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