Now Reading: Union Mutual Fund names Rajkamal Tiwari interim CEO
-
01
Union Mutual Fund names Rajkamal Tiwari interim CEO
Union Mutual Fund has appointed Rajkamal Tiwari as interim chief executive of Union Asset Management Company, the fund house said. Tiwari, currently COO and CFO, replaces Madhukumar Nair effective Tuesday. The Hindu…
The Story in Brief
Union Mutual Fund has appointed Rajkamal Tiwari as interim chief executive of Union Asset Management Company, the fund house said. Tiwari, currently COO and CFO, replaces Madhukumar Nair effective Tuesday. The Hindu Business Line reports that Tiwari brings over 26 years of experience in financial services and capital markets, having held leadership roles across finance, operations and asset management. As of July, the fund house managed an average AUM of ₹28,540 crore.
Tiwari said the fund house remains committed to serving investors with integrity and disciplined execution. The appointment comes as the organisation enters its next phase of growth, with Tiwari's deep institutional knowledge expected to ensure continuity.
The Indian Opinion
Corporate leadership changes often raise eyebrows about strategic drift. Yet Tiwari's internal elevation after years as COO and CFO suggests the sponsor banks prize continuity over novelty. The real test will be whether his deep operational grip can lift Union AMC's ₹28,540-crore AUM above the sluggish growth seen among smaller peers. Will cost control and governance expertise be enough to win new investors?
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
