Sunil Subramaniam elevated as Sundaram Asset Management's CEO

MUMBAI: Sundaram Asset Management Company today announced here that it has elevated its Deputy CEO Sunil Subramaniam as Chief Executive Officer with effect from July 1.

He has also been inducted to the Board of Directors as a whole time director, the company said in a statement.

"Over the years, Sunil has played a more central role in the leadership of the company and with his elevation to CEO, he will take on an even wider role. Over the last few years, he also managed the portfolio management business and the Singapore business from end-to-end, with great results," Sundaram Mutual's Managing Director Harsha Viji said in the release.

Sundaram Mutual Fund had assets worth about Rs 22,000 crore under management as on May 31, 2015, the release stated.