“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. P. Sitaram
-Additional Nominee Director
(DIN: 00311538)
Shri. P. Sitaram is having 30 years of Banking Experience. Currently he is working as Executive Director and Chief Financial Officer of IDBI Bank Ltd. Beside experience of Finance and Accounts department, he has worked in Risk, Audit, Treasury Back office and Chief Compliance officer
Ms. Gita Narasimhan
-Additional Independent Director
(DIN: 0969088)
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.
Shri. Biranchi Narayan Nayak
-Additional Independent Director
(DIN: 00144147)

Shri. Biranchi Narayan Nayak has over three & half decades of rich professional experience in various fields of Financial Industry, during which, he has served in senior management roles in IFCI Ltd. across a wide spectrum of business functions like strategy, risk management, credit, restructuring, resource management, disinvestment, treasury operations, corporate accounts and taxation, before being superannuated as Executive Director. During his tenure with IFCI, he also served as Chief Financial Officer for six years. He was also Managing Director of IFCI Venture Capital Funds Ltd. and had served as director on the boards of various subsidiaries and assisted corporates of IFCI including Stock Holding Corporation of India Ltd., IFCI Factors Ltd., Assets Care & Reconstruction Enterprise Ltd., Tourism Finance Corporation of India Ltd., Raichur Power Corporation Ltd., Gujarat State Energy Generation Ltd. Prior to joining IFCI, he had worked in Orissa State Financial Corporation, a state level financial institution, where he had made specific contributions in form of development of various polices and manuals, systematising the accounting & financing processes, apart from regular functions like accounting, taxation, resource management, appraisal and restructuring. Currently he is Practicing Chartered Accountant by Profession.

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)
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. Mrudul Chitale
-Chief Information Security Officer (CISO) and Head – Information Technology
Mr. Mrudul Chitale has 22 Years of Experience in Banking (joined IDBI Bank Ltd. in the year 2000) with experience of IT Domain/HR/Govt. Business & Branch Operations Depts.
Mr. Alok Ranjan
-Chief Investment Officer-Equity, Fund Manager
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. Rajender Kumar
-Chief Compliance Officer

MrRajender Kumar has over 35 Years of experience in Banking and Mutual fund. He is associated with IDBI AMC since 2010 as Zonal Head North, Head Risk and Compliance,Sales Head North and now as Chief Compliance Officer from February 01, 2023. He worked with UTI Mutual Fund, Edelweiss Mutual Fund and Softage Information Technology Limited before joining IDBI AMC.  

Mr. Raju Sharma
-Chief Investment Officer-Debt, 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. Nitin Dalvi
-Fund Manager – ETF Funds

Mr.Nitin Dalvi has 18 years of experience. In Financial Markets including  AMC & Institutional Securities.

Ms. Nisha Sharma
-Fund Manager

Ms. Nisha Sharma has 10years of experience in capital market and banking sector. Prior to joining IDBIAsset Management Ltd. She worked with NVS Brokerage Pvt.Ltd.

Ms.Poonam Bansal
-Company Secretary
(Membership No.: ACS: 69453)

Ms. Poonam Bansal has a work experience of approximately 5 years. She has worked with WNS Global Services and GMCS & Co. She is associated with IDBI Asset Management Limited since June 2022.

Mr. Ajit Goswami
-Head – Product, Marketing, Communication and Sales Promotion

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

Mr. Prabhat Bhardwaj
-Chief Risk Officer (CRO)

Mr. Prabhat Bhardwaj has over 15 years of experience in Capital Markets in Compliance, Risk Management & other roles. Prior to joining IDBI Asset Management Ltd., he was Officer for Board of Directors of Axis Mutual Fund Trustee Ltd. He also held the position of Head - Risk & Compliance in IDBI Asset Management Ltd. in the past.

Mr. Prashant Ojha
-Chief Human Resources Officer
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.
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