ITI MF CEO quits

BL Mumbai Bureau | Updated on: Jul 29, 2022

ITI Mutual Fund has promoted its chief operating officer Hitesh Thakkar as the acting CEO

ITI Mutual Fund has announced that its Chief Executive Officer and Chief Investment Officer George Heber Joseph has resigned and relieved with effect from August 1.

Joseph was heading the fund house since November 2018.

The fund house has promoted its chief operating officer Hitesh Thakkar as acting CEO.

ITI MF has also appointed Dhimant Shah as Fund Manager. He has over 20 years experience in the MF industry. Prior to working at One-up Finance, he had worked with Principal MF, HSBC MF, Reliance MF and ASK group.

The current AUM of the fund house is ₹2,827 crore. Of this, Equity AUM accounted for ₹1,978 crore while that of. Hybrid and Debt schemes were at ₹616 crore and ₹233 crore, respectively.

Published on July 29, 2022
  1. Comments will be moderated by The Hindu BusinessLine editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.

You May Also Like

Recommended for you