Kumar Sharadindu appointed as the new MD & CEO of SBI Pension Funds
SBI Pension Funds Pvt Ltd.(SBIPFPL), a subsidiary of State Bank of India, has appointed Kumar Sharadindu as its Managing Director and Chief Executive. Before this, Sharadindu was a general manager at SBI Corporate Centre, Mumbai. SBI Pension Funds had an Asset under Management
(AUM) of Rs 46,019 crore on March 2016, representing a growth of 47 per cent over the previous fiscal, and is the seventh largest pension fund manager in terms of market share and 35 per cent its AUM comes from the government sector. SBIPFPL is one of the 3 Pension Fund Managers appointed by Pension Fund Regulatory and Development Authority (PFRDA) in India to manage the pension corpus of employees enrolled under the National Pension System for Government Employees.
No comments:
Post a Comment