LIC Mutual Fund Asset Management appointed Ravi Kumar Jha as the company’s managing director and chief executive officer from January 31.
Earlier, Ravi Kumar was associated with the company in the role of executive director of corporate strategy. He has also worked in various positions at Life Insurance Corporation of India.
Ravi Kumar Jha has worked for over 30 years with LIC and has handled diverse positions. He was serving as executive director of corporate strategy till December 2023.
“Given the impressive growth of the mutual fund industry, I am thrilled to take on the leadership role at LIC Mutual Fund Asset Management Limited at this pivotal moment. My goal is to expand our presence across different regions and reinforce our position in the current market with an endeavour to serve esteemed investors and customers as a trusted partner in wealth creation and a mutual fund of choice. I am eager to tackle the challenges and capitalize on opportunities to drive innovation, foster growth, and elevate LIC Mutual Fund to greater heights,” said Ravi Kumar Jha after on getting appointed as managing director and chief executive officer.