UTI AMC, which ideas to start its Initial Public Offering (IPO) soon, has just lately appointed Imtaiyazur Rahman as the new Main Government Officer (CEO). Rahman has been the acting CEO of the firm for practically two a long time. He was Main Fiscal Officer (CFO) of the business and has headed various features, which includes worldwide business.
The put up of the CEO was vacant immediately after Leo Puri done his five-12 months term in August, 2018. With this new appointment, the asses administration company addresses the worries of Securities and Trade Board of India (SEBI) on the CEO position which has been vacant for pretty some time. The organization has currently submitted draft papers with SEBI for IPO in December 2019.
Rahman joined the UTI Team in 1998 and is with the AMC given that 2003. He was associated in the transformation of the organisation soon after restructuring of the erstwhile Unit Have confidence in of India. On an earlier situation way too, when British isles Sinha retired, Rehman was appointed as interim CEO 2012-13.
This appointment delivers stability in the top management of the firm particularly because it is arranging to start its IPO soon, UTI AMC claimed in a statement.
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