UTI CMO Jaideep Bhattacharya resigns
Quotes

UTI CMO Jaideep Bhattacharya resigns

Last Updated: Friday, May 4, 2012, 21:02
 
 Comment 0
 
UTI CMO Jaideep Bhattacharya resigns
New Delhi: Amid declining market share and uncertainty over appointment of a full-time Chairman, UTI Mutual Fund's Chief Marketing Officer Jaideep Bhattacharya has quit the fund house.

According to sources, Bhattacharya has quit to explore other carrier opportunities and a formal announcement could be made soon.

There have been reports of the board not being happy about the performance of the fund, which was once the country's largest fund house but has currently slipped to fifth position.

Since U K Sinha left UTI to become SEBI Chairman in February 2011, there has been no full time chief of the country's oldest fund house.

UTI Mutual Fund is promoted by sponsors including State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation and T Rowe Price.

PTI




First Published: Friday, May 4, 2012, 21:02


Comments


comments powered by Disqus
Forbes 2015 Rich List
Forbes 2015 Rich List
Audi TT Coupé
Audi TT Coupé
Shanghai Auto Show 2015
Shanghai Auto Show 2015
PM Narendra Modi in France
PM Narendra Modi in France
PM Modi`s Make in India push in Germany
PM Modi`s Make in India push in Germany

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved