Mr. Sundeep Sikka is the new Chairman of AMFI

After the election following the 30th AGM and subsequent Board Meeting, Mr. Sundeep Sikka, Executive Director & Chief Executive Officer, Nippon Life India AMC and Mr. Vishal Kapoor, Chief Executive Officer, Bandhan AMC have been elected as Chairman and Vice Chairman of the Association of Mutual Funds in India (AMFI), respectively.

 

Mr. Sundeep Sikka, Chairman, AMFI,

 

Executive Director & Chief Executive Officer, Nippon Life India AMC 

Mr. Sikka earlier served as Chairman of AMFI from 2013 to 2015 and has been on the AMFI Board since 2009 while Kapoor has been serving as Chairman of the ARN Committee since 2020 and has been on the AMFI Board since 2018.

 

Mr. Sikka will replace Mr. Navneet Munot, MD & CEO, HDFC AMC as the Chairman while Mr. Kapoor will replace Mr. Anthony Heredia, MD & CEO, Mahindra Manulife Mutual Fund as the Vice President of AMFI.

Commenting on his appointment, Mr. Sikka said, “I am honoured to assume the role of Chairman of AMFI at a time when India’s mutual fund industry is playing a pivotal role in channelizing household savings to fuel economic growth and nation building. Our priority will be to expand the reach of mutual funds across geographies, strengthen investor confidence through transparency and trust, and work closely with SEBI and policymakers to advance financial inclusion.

 

 As an industry body, we aspire to make mutual funds not just a preferred investment option but a nationwide movement for long-term wealth creation. In doing so, we are committed to contributing meaningfully to the vision of a Viksit Bharat, by enabling every Indian to participate in and benefit from the country’s growth story. I look forward to building on AMFI’s strong legacy and driving the next phase of its strategic roadmap.”