Canara Robeco Asset Management Company has appointed Mr Soumendra Nath Lahiri as its Head of Equities effective from April 1.

In his new role, Mr Lahiri will be responsible for managing the equity funds that form a major part of Canara Robeco’s portfolio including Canara Robeco Equity Diversified Fund and Canara Robeco Equity Tax Saver Fund.

Prior to joining Canara Robeco, Mr Lahiri was Senior Vice President and Co-Head, Equities with DSP Black Rock Asset Management Company. He was also recently appointed as Chief Investment Officer at Emkay Global Services.

“We are extremely happy about Mr Soumendra Lahiri joining the team. We look forward to utilising his experience in taking the company forward. His understanding of the markets will add a lot of value to our clients and the entire team will benefit from his knowledge and guidance,” Canara Robeco Asset Management Company’s Chief Executive Officer, Mr Rajnish Narula, said in a statement.

Canara Robeco is a JV between Canara Bank, a 100-year old premier bank in India and Robeco, an 80-year old Rabobank entity and an asset management specialist.

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