StockWatch
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Asset Management Company
Management Change22 Jun 2026, 02:28 pm

Aditya Birla Sun Life AMC Appoints Hemen Bhatia as Head - Passives

AI Summary

Aditya Birla Sun Life AMC Ltd has appointed Mr. Hemen Bhatia as Head - Passives and a Senior Management Personnel, effective June 23, 2026. Mr. Bhatia brings over 20 years of experience in the Indian mutual fund industry, with a strong background in ETFs and passive business development. His previous roles include Executive Director & CEO of Angel One AMC and Head of ETF Business at Nippon Life India AMC. He was also instrumental in establishing the CPSE ETF at Goldman Sachs AMC. In his new role, Mr. Bhatia will drive the strategy and growth of the company's passive business, focusing on expanding ETF and index fund offerings. This appointment underscores the company's strategic emphasis on accelerating growth in the passive investing segment.

Key Highlights

  • Hemen Bhatia appointed Head - Passives and Senior Management Personnel.
  • Appointment effective June 23, 2026.
  • Bhatia has over 20 years of experience in passive asset management.
  • Focus on expanding ETF and index fund offerings.
  • Reinforces company's strategic focus on passive investing growth.