Nilesh Shah has been re-elected as the Chairman of Association of Mutual Funds in India (AMFI). He was earlier elected as the Chairman for 2019 – 2020. Nilesh Shah would also continue as the ex-officio Chairman of AMFI Financial Literacy Committee, being the Chairman of AMFI. These decisions were taken by AMFI, the industry body of SEBI-registered mutual funds at its Board Meeting.
- Saurabh Nanavati(Chief Executive Officer, Invesco Asset Management (India) Private Limited.) has been re-elected as the Vice-Chairman of AMFI.
About the Association of Mutual Funds in India
AMFI was incorporated on August 22, 1995, as a non-profit organisation. As of now, all the 44 asset management companies that are registered with SEBI. AMFI is dedicated to developing the Indian Mutual Fund Industry on professional, healthy and ethical lines and to enhance and maintain standards in all areas with a view to protecting and promoting the interests of mutual funds and their unitholders.
Important takeaways for all competitive exams:
- CEO of Association of Mutual Funds in Indian: S. Venkatesh.