Management Change22 Jul 2026, 08:40 pm
UTI AMC: Board Chairperson Change; Ms. Bharathi to succeed Mr. Chatterjee
AI Summary
UTI Asset Management Company Ltd announced a change in its Board composition. Mr. Deepak Kumar Chatterjee will conclude his term as Non-Executive Independent Director and Chairperson of the Board on July 28, 2026. The Board acknowledged his valuable contributions during his tenure. Subsequently, Ms. P. V. Bharathi, currently a Non-Executive Independent Director, has been selected to assume the role of Chairperson, effective July 29, 2026. Ms. Bharathi brings 37 years of professional banking experience, having served in various capacities including Executive Director at Canara Bank and MD & CEO of Corporation Bank, where she successfully led the bank out of Prompt Corrective Action.
Key Highlights
- Mr. Deepak Kumar Chatterjee's term as Independent Director and Chairperson ends July 28, 2026.
- Ms. P. V. Bharathi appointed new Chairperson effective July 29, 2026.
- Ms. Bharathi brings 37 years of extensive banking and leadership experience.
- The change ensures continuity in board leadership and strategic direction.
Price Impact
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