People Moves
Birla Sun Life Announces Changes To Equities Team
Birla Sun Life Mutual Fund has announced changes to the
designation of two of its key executives.
Mahesh Patil, previously the co-head of equity, is now head
of equity for domestic assets under Birla Sun Life Asset
Management.
Ajay Argal, who also was co-head of equity, is now head of
equity for BSLAM's offshore division.
Patil brings over 20 years of experience to his new role,
spanning consultancy, corporate and equities functions. Argal has
been in the business for 17 years, most of which were spent in a
variety of positions at UTI AMC.
Birla Sun Life Mutual Fund is a joint venture between Aditya
Birla Group and Sun Life Financial. It recorded Rs631 billion
($13.5 billion) in assets under management in June 2010.