ICICI Prudential AMC appoints associate directors

ICICI Prudential Asset Management Company (AMC) has appointed Anup Bagchi and Sandeep Batra as Associate Directors on Board of Directors with effect from October 15, 2018.

Anup Bagchi is an Executive Director of ICICI Bank effective February 1, 2017. Prior to this, He was the Managing Director & CEO of ICICI Securities Limited (I-Sec), where he led capital raising by corporates. Under his leadership, the I-sec won the prestigious Outlook Money - India’s Best e-Brokerage House for seven consecutive years. I-sec also won the CNBC Awaaz Consumer Award for the Most Preferred Brand of Financial Advisory Services. He was joined the ICICI Group in 1992 and has worked in the areas of retail banking, corporate banking and treasury.  He has been honoured with The Asian Banker Promising Young Banker Award.

Sandeep Batra has been working with the ICICI Group for the last 18 years and is currently the President - Corporate Centre at ICICI Bank. As President - Corporate Centre, Batra oversees the risk, internal audit, financial crime prevention, government relations, compliance, secretarial, and corporate communication functions at the Bank. He is also on the boards of several ICICI Group companies like ICICI Prudential Life Insurance Company Limited, ICICI Lombard General Insurance Company Limited, ICICI Prudential Asset Management Company Limited and ICICI Bank UK. He has been a founder member of the ICICI Prudential Life Insurance team and has worked with the organization as its Chief Financial Officer from September 2000 till 2006 till he joined ICICI Bank as its Group Compliance Officer. He rejoined ICICI Prudential Life Insurance as its Executive Director and a member of its board in 2014. At ICICI Prudential Life Insurance, he oversaw the finance, investments, actuarial, and risk and compliance functions. He was also instrumental in leading the company to India’s first IPO in the insurance space.

All the other provisions of the SAI of the fund remain unchanged.