Aditya Birla Sun Life AMC Reappoints Navin Puri as Independent Director

The Board of Directors of Aditya Birla Sun Life AMC Limited has approved the reappointment of Navin Puri as an Independent Director of the company for 5 years, with effect from September 4, 2024. Subject to the approval of the shareholders.

Navin Puri has over three decades of expertise in banking and financial services. Puri has in-depth knowledge and understanding of the Indian financial retail market and has been a catalyst in driving digitalization and improving the customer experience. He has previously worked as part of the senior management team at HDFC Bank. He is also a Director on the Board of Equitas Small Finance Bank, Aditya Birla Health Insurance Company, and Bandhan Life Insurance. He is a Chartered Accountant from the Institute of Chartered Accountants of India.

The Board also approved the resignation of Hemanti Wadhwa as Chief Compliance Officer and Company Secretary, with effect from April 26, 2024. Her last day will be May 8, 2024.

The Board also accepted the resignation of Bhavdeep Bhatt as Head of Alternate and PMS Sales. His last working day in the company shall be May 6, 2024.

Further, based on the recommendation of the Nomination, Remuneration, and Compensation Committee, the Board approved the following: Appointment of Prateek Savla as the Company Secretary, Compliance Officer, and Key Managerial Personnel of the Company with effect from April 26, 2024. Appointment of Parth Makwana as Compliance Officer of the Company under SEBI (Mutual Funds) Regulations, 1996 (Senior Management Personnel) with effect from April 26, 2024. Appointment of Deepak Yadav as Head-Passive Business (Senior Management Personnel) of the Company with effect from May 16, 2024.