Axis Mutual Fund on Thursday said it has appointed B Gopkumar as Managing Director (MD) and Chief Executive Officer (CEO) after Chandresh Nigam decided not to continue as MD & CEO.
Gopkumar is currently the MD & CEO of Axis Securities.
Nigam had joined Axis AMC in July 2009 as head of equities and assumed the role of MD & CEO in May 2013 and led the fund house for two terms spanning 10 years.
The board accepted Nigam’s request not to renew his appointment after April 30, and appointed Gopkumar to head the organisation, the fund house said in a statement.
Gopkumar had joined Axis Securities as the MD & CEO in October 2019, and has over 28 years of experience in financial services industry in areas of sales and distribution, managing large teams, marketing and branding and also building of digital eco-system.
Meanwhile, the company also appointed Ashish Gupta as the chief investment officer.
