LIC Nomura Mutual Fund appoints Rajesh S. Patwardhan as Chief Marketing Officer

Dated: February 22, 2016

LIC Nomura Mutual Fund Asset Management Company has appointed Rajesh Patwardhan as its new Chief Marketing Officer, effective immediately. He joins the company from Deutsche Asset Management India where he was head sales for banks and national distributors for 12 years. Patwardhan replaces R Sridharan.

Patwardhan brings with him a rich experience of over 28 years, out of which 22 years are in financial industry. He joins the AMC from Deutsche Asset Management (India) Private Ltd where he served the company as the Head Sales for Banks & National Distributors for 12 years. Prior to that, he was with ICICI Bank for 2 years as Regional Head Sales for Mumbai handling a large team of managers both in the Institutional and Retail Sales for Third Party products.  He has also been associated with Tata TD Waterhouse Securities Ltd and Vans Information & Investor Services Ltd.

Sarojini Dikhale, director and chief executive officer, LIC Nomura Mutual Fund, said, “As we focus on growth and profitability, with our improved and stable investment performance along with variety of products, we are confident of becoming a preferred investment partner for the investing public. As a part of the process, we have also strengthened our core team by appointing experts from the industry. So it was important to find the right person to lead and grow our marketing efforts, and we are enormously excited to welcome Rajesh to the team. Mr. Patwardhan’s extensive background in the financial industry will help evolve our marketing capabilities, renew our iconic brand.”

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