StockWatch
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Asset Management Company
Management Change22 Jul 2026, 08:40 pm

UTI AMC: P. V. Bharathi to be New Chairperson from July 29

AI Summary

UTI Asset Management Company Ltd announced a change in its Board composition and the selection of its next Chairperson. Mr. Deepak Kumar Chatterjee will complete his term as Non-Executive Independent Director and Chairperson on July 28, 2026. The Board has appointed Ms. P. V. Bharathi, currently a Non-Executive Independent Director, as the new Chairperson, effective July 29, 2026. Ms. Bharathi brings extensive banking experience, including roles as Executive Director and Chief Risk Officer, and previously as MD & CEO of Corporation Bank. The company acknowledged Mr. Chatterjee's valuable contributions.

Key Highlights

  • Mr. Deepak Kumar Chatterjee completes his term on July 28, 2026.
  • Ms. P. V. Bharathi appointed as new Chairperson.
  • Ms. Bharathi's appointment is effective July 29, 2026.
  • Bharathi has 37 years of banking experience.
  • Company thanks Mr. Chatterjee for his contributions.