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Mr. Jatinder Pal Singh has been appointed as Chief Executive Officer of ITI AML with effect from January 01, 2025.
Mr. Jatinder Pal Singh has over 25 years of work experience in Mutual Funds industry. He was associated with Mahindra Manulife Investment Management as a Chief Marketing Officer from September 2015 to December 2024. Prior to Mahindra Manulife Investment Management he was associated with Morgan Stanley Investment Management from October 2007 to September 2014 as a National Head – Sales & Distribution. Prior to Morgan Stanley he was associated with HSBC Asset Management India from April 2002 to September 2007 as a Vice President & Regional Manager – Sales & Distribution.
Mr. Singh succeeds Mr. Hitesh Thakkar, who has served as acting Chief Executive Officer of ITI AML with effect from August 01, 2022, for interim period. With the appointment of Mr. Jatinder Pal Singh as the Chief Executive Officer of ITI AML, Mr. Hitesh Thakkar will cease to be the acting Chief Executive Officer from close of business hours of December 31, 2024, and he will continue to act as a Chief Operating Officer of ITI AML.
About ITI Group
The Investment Trust of India Limited, incorporated in 1991, is the holding company for all ITI group businesses. ITI stands for ‘The Investment Trust of India Limited’. ITI commenced its business as a vehicle finance company and has today emerged as a large comprehensive financial services provider offering various Fund based and fee-based products and services.
About ITI AMC
Founded in 2019, the AMC begun operations in April 2019 and has 18 mainstream mutual fund products in their product basket for investors since then. Out of the total AUM of Rs. 10109.47 crores as on December 3, 2024, Rs. 9312.52 crore is in equity schemes, while Rs. 430.16 crore is in hybrid schemes and Rs. 366.79 crore is in debt schemes. ITI Asset Management Company Ltd has witnessed this growth in AUM on the back of consistent fund performance and introduction of right products across multiple categories.