“To promote financial inclusion, by assisting the common man in making informed investment choices, through mutual funds and thus bring to him, the prosperity of the capital markets.”


Mr. Rakesh Sharma
(DIN: 06846594)

Mr. Rakesh Sharma is Managing Director & Chief Executive Officer of IDBI Bank Ltd. From October 10, 2018. Prior to IDBI Bank assignment, Mr. Sharma superannuated as MD&CEO from Canara Bank after serving from 11.09.2015 to 31.07.2018. While in Canara Bank he also held the position of Chairman in the group companies of Canara Bank.

Prior to this, Mr. Sharma was in Lakshmi Vilas Bank Ltd. as MD & CEO and served there for a period from March 07, 2014 till September 09, 2015.

Mr. Sharma held the position of Chief General Manager in State Bank of India [SBI] upto 28.02.2014 before moving to Lakshmi Vilas Bank Ltd in March 2014. He had more than 33 years’ experience in SBI, holding key positions, which included Head of mid corporate accounts in Andhra Pradesh region, supervising retail operations in the States of Rajasthan, Uttarakhand & Western UP, banking operations in International Banking Group, credit assignments in specialized branches/ administrative offices, etc

Mr. Jorty M. Chacko
(DIN: 08307961)
Mr. Jorty M Chacko, a post graduate in Commerce and Associate of IIBF is a career banker with 2.5 decades of experience in commercial Banking.  He has started his career in banking with Federal Bank Ltd and gained experience in branch banking, treasury and risk management.  He was a dealer in treasury for 5 years and contributed handsomely to the business of the Bank.  On joining the IDBI Bank Ltd as senior Manager in the year 2000 he has been handling branch banking, operations and sales management in various capacities.  At present he is Executive Director in charge of retail Banking with assignments of Retail Asset business, Credit card business and Third Party Distribution.  Important positions held by him prior to this includes National Sales Head, Zonal Head South and General Manager – Business for West I (Mumbai) Zone, Head – Branch Operations etc. 
Mr. Arvind Kumar Jain
-Independent Director
(DIN: 07911109)

Mr. Arvind Kumar Jain has more than four decades of experience in the Banking sector. He served Oriental Bank of Commerce upto the level of Chief General Manager and superannuated as Executive Director of Punjab & Sind Bank. He has the rich experience in the field of Integrated Treasury, Large & Mid Corporate Credit, Merchant Banking and Investor relations besides Stock Exchange Compliances.

Mr. Ramachandra Krishnamurthy Gurumurthy
-Additional Independent Director
Shri R. K. Gurumurthy is having 34 years of Banking experience with 29 years in Bank Treasuries with various Banks. He was Head – Trading & ALM at ING Vysya Bank Ltd and also Treasurer with Bank One Ltd, Mauritius. He retired from Lakshmi Vilas Bank Ltd in December 2020 as Treasurer. He is also a Director with Canbank Computer Services Ltd.
Ms. Gita Narasimhan
-Additional Independent Director
Ms. Gita Narasimhan is having 39 years of experience with State Bank of India in Corporate Financing, Asset Monitoring (Corporate/Mid Corporate including Stressed Assets), Training and Development, Retail Branch Operations. Retired as General Manager. Ms. Narasimhan has handled Bancassurance for SBI bankwide for 3 years. During the period the Income from third party product sale went up from Rs. 128 Crores to Rs. 475 Crores.
Mr. Raj Kishore Singh
-Managing Director and Chief Executive Officer
(DIN: 08654156)
Mr. Singh has over 21 years of experience in Banking.  Mr. Singh started his career as a Probationary Officer in Bank of India in the year 2000. He has experience in various fields such as Asset Management Retail Banking, Forex Services, Credit Appraisal, Project Finance, Credit and Marketing, Risk Management. Immediately prior to joining IDBI Asset Management Limited, Mr.  Singh was heading the Market Risk Department in IDBI Bank Ltd. Presently, he is a Managing Director & CEO of IDBI Asset Management Limited.

Management Team
Mr. Raj Kishore Singh
-Managing Director and Chief Executive Officer
(DIN: 08654156)

Mr. Singh has about 20 years of experience in various fields of financial services viz, Retail Banking, Forex Services, Credit Appraisal, Project Finance, Credit and Marketing Risk Management. Immediately prior to joining IDBI Asset Management Limited, Mr. Singh was General Manager of Market Risk in IDBI Bank Ltd.

Mr. Anil Dhawan
-Investor Relations Officer, Chief Operating Officer (COO), Chief Financial Officer (CFO) & Chief Information Security Officer (CISO)
Mr. Anil Dhawan has about 21 years of experience in various fields of financial services viz, NPA Management, Risk Management, Corporate Banking, Project Appraisal, Retail Banking. Immediately prior to joining IDBI Asset Management Limited, Mr Dhawan was in IDBI Bank Ltd.
Mr. Alok Ranjan
-Head Equity & Fund Manager – Equity
Mr. Alok Ranjan has about 25 years of experience in various fields of financial services. Prior to joining IDBI Asset Management Limited he was associated with Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory First Global Ltd. as Vice President- Research.
Mr. Raju Sharma
-Head Fixed Income and Fund Manager
Mr. Sharma has 29 years of experience in financial services industry encompassing fund management, debt capital markets and treasury. Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley etc.
Mr. Firdaus Marazban Ragina
-Fund Manager-Equity
Mr. Firdaus Marazban Ragina has 21 years of work experience in financial service industry, with core focus on equities.  His earlier associations were with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities.
Mr. Bhupesh Kalyani
-Fund Manager – Fixed Income

Mr. Kalyani has around 19 years of work experience of which 14 years has been into fixed income fund management and dealing. Prior to joining IDBI Mutual Fund his major associations has been with LIC Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi Life Insurance Co. Ltd.    

Mr. Ajit Joshi
-Company Secretary, Compliance Officer and Head – Legal & Risk
(Membership No.: ACS: 22359)
Mr. Ajit Joshi has over 27 years of experience in Banking, Secretarial and Compliance. He is associated with IDBI Asset Management Limited as Company Secretary and Compliance Officer since January 2019. He started his career with HSBC, Aryaman Financial Services Ltd and SBICAP Trustee Company Limited.
Mr. Ajit Goswami
-Head – Product, Marketing, Communication and Sales Promotion

Mr. AjitGoswami is a competent financial services professional with around two decadesof experience in various fields of financial services viz. Asset Management, Banking,Payments and Insurance among others. Within IDBI Asset management Limited, hehas handled various roles including Business Development, Product Development,Marketing and Corporate Communication, Sales Promotion. Prior to this he hasworked with NPCI, ICICI Bank Ltd, Kotak Bank Ltd, HDFC Life and ICICIPrudential Life Insurance Co. Ltd.

Mr. Prashant Ojha
-Head – Human Resources, Training and Administration
Mr. Prashant S Ojha has experience of more than 14 years in Mutual Fund, Life Insurance, Retail and Defense. Prior to joining IDBI AML, he was associated with Reliance Nippon Life Insurance and Birla Sunlife Insurance. He has also worked with ICICI Prudential Life Insurance Co. Ltd., Reliance Retail and Border Security Force.
Mr. Pratik Mittha
-Head – Information Technology
Mr. Pratik Mittha has over 16 years of experience in IT field. He has been associated with IDBI Asset Management Limited from last 11 years. Prior to joining IDBI AMC he was associated with  Multi-Act Equity Research Pvt. Ltd., Matrix Asset Management Company Pvt. Ltd. and ING Investment Management India Pvt. Ltd, Mumbai
Our Service Providers
Statutory Auditors
M/s. JCR & Co.,
Chartered Accountants,
(ICAI Membership No. 105270WLevel 3, Rawal House,
18th Road, Khar (West),
Mumbai 400 052