L&T Mutual Fund Chief Exits

L&T Mutual Fund’s CEO Sanjay Sinha has left the firm.

L&T Mutual Fund’s CEO Sanjay Sinha has left the firm, Reuters reports. Ashutosh Bishnoi, a former executive director of UTI Mutual Fund, will manage the operations of the company until a replacement is found, adds Business Standard.

Previously, Sinha headed DBS Cholamandalam AMC, which was bought by L&T Finance in September 2009 and renamed L&T Mutual Fund. Before that, he was associated with SBI Mutual Fund.

Click here for the story from Reuters.

Click here for additional coverage from Business Standard.