Nilesh Shah re-elected as chairman of Association of Mutual Funds in India

Nilesh Shah has been re-elected as the Chairman of Association of Mutual Funds in India (AMFI), at the recently concluded Board Meeting of AMFI. He was the AMFI chairman in 2019 – 2020 and now would continue to hold the office till the conclusion of the next AGM, a press release from AMFI said.

Shah would also continue as the ex-officio Chairman of AMFI Financial Literacy Committee. Other decisions taken about the positions at AMFI board meeting on 6th of October 2020 were:

• Saurabh Nanavati (Chief Executive Officer, Invesco Asset Management (India) Private Limited.) has been re-elected as the Vice-Chairman of AMFI.

• A. Balasubramanian (Chief Executive Officer Aditya Birla Sun Life Asset Management Co. Ltd.) continues to be the Chairman of AMFI Valuation Committee.
• The Board has re-elected Sanjay Sapre (President, Franklin Templeton Asset Management (India) Private Limited.) as the Chairman of AMFI Operations & Compliance Committee
• Vishal Kapoor (Chief Executive Officer, IDFC Asset Management Co. Ltd.) has been elected as the Chairman of AMFI Standing Committee of Certified Distributors (ARN Committee).
• Radhika Gupta (Chief Executive Officer, Edelweiss Asset Management Ltd.) has been elected as the Chairperson of AMFI ETF Committee.