IndiaInsurance
9th April 2011, 10:54 AM
The search for a successor for UK Sinha at UTI AMC has got messy with the finance ministry backing Jitesh Khosla as the CEO of India’s fourth largest mutual fund while a three-member board-appointed HR sub-committee has submitted a shortlist that has two different names. If the finance ministry insists on its choice, the stage is set for a boardroom battle since the new chairperson has to be unanimously cleared by all shareholders of UTI AMC.
More... (http://financialexpress.com/news/uti-board-battles-finmin-over-new-chief/773849/)
More... (http://financialexpress.com/news/uti-board-battles-finmin-over-new-chief/773849/)