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Rajan Krishnan is new biz head of Principal Mutual Fund

Our Bureau

Kolkata , May 4

Principal Mutual Fund is bringing about key changes on the HR front. These include the re-designation of Mr Rajan Krishnan, now in charge of sales, as the new business head. The move follows a recent decision by Mr Sanjay Sachdev, who has headed the organisation in India for the past few years, to leave.

Principal, which manages about Rs 9,000 crore, will try to expand more on the retail side, Mr Krishnan told Business Line, adding that the plan was to leverage the networks of PNB and Vijaya Bank that have lately become its partners.

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