B Gopkumar, the managing director and CEO of Axis Securities, has been named the new CEO of renowned fund house Axis Mutual Fund by Axis Asset Management Company. Chandresh Nigam, the previous CEO of the company, is replaced by Gopkumar. As head of equities from July 2009, Nigam became MD & CEO in May 2013 and oversaw the fund house for two stints totaling ten years.
Gopkumar has more than 28 years of experience working in the financial services sector. He has a masters degree in business management and is an enthusiastic marathon runner, reader, and fitness fanatic.
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Another event is the hiring of Ashish Gupta as Chief Investment Officers (CIO) of the mutual fund at Axis AMC. Gupta headed the stock research for India at Credit Suisse. He has been conducting equities research for more than 25 years.
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