Thursday, July 23, 2009

Birla Sun Life MF appoints A. Balasubramanian as CEO

The Birla Sun Life Asset Management Company has appointed A. Balasubramanian as new Chief Executive Officer, who is currently the Chief Investment Officer at Birla Sun Life Mutual Fund and he will continue to handle this portfolio. He will report on key governance issues to the Board and on business as well as operating matters to Pankaj Razdan, Deputy Chief Executive - Financial services, Aditya Birla Group.

Balasubramanian has been with the AMC since January 1995. Under his leadership as the CIO, over the years, Birla Sun Life Mutual Fund has gained recognition as a consistent performer, across the asset classes. The mutual fund created history earlier this year by becoming the only fund house to have won the coveted "Mutual Fund House of the Year" award from CNBC TV 18-CRISIL , in 2 consecutive years. This recognition came on the heels of Birla Sun Life Mutual Fund being declared the Debt Fund House of the year at this forum. Along with this, the prestigious wins at the ICRA and Lipper awards, both of which are considered benchmarks within the industry.

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