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.