Navneet Munot is the new chairman of the Association of Mutual Funds in India (Amfi).
He is the managing director (MD) and chief executive officer (CEO) of HDFC Asset Management.
Anthony Heredia became the new vice-chairperson of Amfi.
Heredia is the MD and CEO of Mahindra Manulife Mutual Fund.
A Balasubramanian term ended as the chairman of Amfi. Radhika Gupta’s term ended as the Vice-Chiarman.The association holds elections for the two positions every year. The elected representatives generally get a two-year term.
The election took place at the 28th annual general meeting (AGM) of Amfi in September 2023.
Munot and Heredia will take charge from 16 October 2023.