UTI Mutual Fund may appoint T Vijayan as its Chairman, Business Standard reports. Vijayan was previously the Chairman of government-owned Life Insurance Corporation of India (LIC).
The post at UTI Mutual Fund was vacant since its Chairman, U Sinha, left to join the Securities and Exchange Board of India. Vijayan will be one of the three managing directors at UTI, a post he held before becoming LIC Chairman in 2006.
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