DBS Cholamandalam Asset Management Limited (DCAM) today announced that Sanjay Sinha has been appointed as the new CEO of the company.
Sanjay Sinha, 43, was the Chief Investment Officer of SBI Funds Management managing almost Rs 35,000 cr of assets in debt, equity, money-market and off-shore funds. He was earlier with UTI as Vice President and senior fund manager managing nine equity schemes. Sanjay holds an Honors degree in Economics and is a Post Graduate from IIM Kolkata.
Over a career spanning over nineteen years, all of it in Mutual Funds, Sanjay has actively managed every aspect of the business – from product design, sales and marketing, investor servicing to managing a wide variety of funds. One or more of the funds he managed have won performance awards every year since 2003, with as many as 13 awards in 2007 itself.
Welcoming him, Mr M A Alagappan, Chairman of Cholamandalam DBS and of the Murugappa Corporate Board, said: "Sanjay brings with him an unparalleled track record in the industry. He joins us at a time when both the partners, Murugappa Group and DBS, are keen to quickly re-establish the asset management business in a path of sustained growth. Sanjay's in-depth experience and widely recognized capabilities will be of immense value as he leads our efforts to achieve this."
Sanjay Sinha said: "After almost two decades in some of India's largest organizations, I have always wanted to take on the challenge of building an institution. DBS Cholamandalam has provided me an ideal opportunity to do just that. I am delighted and excited at this prospect". He added, "The mutual fund industry is extremely competitive. I hope to be able to leverage the existing strengths of the company while rapidly scaling up new competencies required to significantly add value to investors."
DBS Cholamandalam Asset Management Limited
DBS Cholamandalam Asset Management Limited (DCAM), a subsidiary of Cholamandalam DBS Finance Limited, a joint venture between the Murugappa Group and DBS of Singapore, is the investment Manager of DBS Chola Mutual Fund. Known for its prudent and disciplined investment philosophy, DCAM offers products across asset classes in equity, debt and money market. Within each asset class, the funds adhere to distinct investment styles, offering investors options to build a portfolio that best suits their goals and objectives.
Cholamandalam DBS Finance Limited
Cholamandalam DBS Finance Ltd., a joint venture between the Murugappa Group and DBS of Singapore. The Company, along with its subsidiaries and affiliates offers individual and institutional customers a range of financial services - personal loan, vehicle finance, home equity loan, capital market finance, corporate finance, mutual funds, securities broking and distribution of investment and insurance products.
DBS
Headquartered in Singapore, DBS and is one of the largest financial services group in Asia. The largest bank in Singapore and the fifth largest banking group in Hong Kong as measured by assets, DBS has leading positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund raising. Beyond the anchor markets of Singapore and Hong Kong, DBS serves corporate, institutional and retail customers through its operations in Thailand, Malaysia, Indonesia, India and The Philippines. In China, the Bank has branches and representative offices in Shanghai, Beijing, Guangzhou, Shenzhen, Fuzhou, Tianjin, Dongguan and Hangzhou. The Bank's credit ratings are one of the highest among banks competing in the Asia-Pacific region, and the highest among banks in Singapore.
About the Murugappa Group
Headquartered in Chennai, the Rs.9582 Crore (USD 2.4 billion) Murugappa Group is India’s leading business conglomerate. Market leaders in diverse areas of business including Engineering, Abrasives, Finance, General Insurance, Cycles, Sugar, Farm Inputs, Fertilizers, Plantations, Bio-products and Nutraceuticals, its 29 limited companies have manufacturing facilities spread across 13 states in India. The organisation fosters an environment of professionalism and has a workforce of over 32,000 employees. The Group which has forged strong joint venture alliances with leading international companies like DBS Bank, Mitsui Sumitomo, Cargill, China Engineering & Expoloration Bureau and Groupe Chimique Tunisien, has consolidated its status as one of the fastest growing diversified business houses in India.
Sanjay Sinha, 43, was the Chief Investment Officer of SBI Funds Management managing almost Rs 35,000 cr of assets in debt, equity, money-market and off-shore funds. He was earlier with UTI as Vice President and senior fund manager managing nine equity schemes. Sanjay holds an Honors degree in Economics and is a Post Graduate from IIM Kolkata.
Over a career spanning over nineteen years, all of it in Mutual Funds, Sanjay has actively managed every aspect of the business – from product design, sales and marketing, investor servicing to managing a wide variety of funds. One or more of the funds he managed have won performance awards every year since 2003, with as many as 13 awards in 2007 itself.
Welcoming him, Mr M A Alagappan, Chairman of Cholamandalam DBS and of the Murugappa Corporate Board, said: "Sanjay brings with him an unparalleled track record in the industry. He joins us at a time when both the partners, Murugappa Group and DBS, are keen to quickly re-establish the asset management business in a path of sustained growth. Sanjay's in-depth experience and widely recognized capabilities will be of immense value as he leads our efforts to achieve this."
Sanjay Sinha said: "After almost two decades in some of India's largest organizations, I have always wanted to take on the challenge of building an institution. DBS Cholamandalam has provided me an ideal opportunity to do just that. I am delighted and excited at this prospect". He added, "The mutual fund industry is extremely competitive. I hope to be able to leverage the existing strengths of the company while rapidly scaling up new competencies required to significantly add value to investors."
DBS Cholamandalam Asset Management Limited
DBS Cholamandalam Asset Management Limited (DCAM), a subsidiary of Cholamandalam DBS Finance Limited, a joint venture between the Murugappa Group and DBS of Singapore, is the investment Manager of DBS Chola Mutual Fund. Known for its prudent and disciplined investment philosophy, DCAM offers products across asset classes in equity, debt and money market. Within each asset class, the funds adhere to distinct investment styles, offering investors options to build a portfolio that best suits their goals and objectives.
Cholamandalam DBS Finance Limited
Cholamandalam DBS Finance Ltd., a joint venture between the Murugappa Group and DBS of Singapore. The Company, along with its subsidiaries and affiliates offers individual and institutional customers a range of financial services - personal loan, vehicle finance, home equity loan, capital market finance, corporate finance, mutual funds, securities broking and distribution of investment and insurance products.
DBS
Headquartered in Singapore, DBS and is one of the largest financial services group in Asia. The largest bank in Singapore and the fifth largest banking group in Hong Kong as measured by assets, DBS has leading positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund raising. Beyond the anchor markets of Singapore and Hong Kong, DBS serves corporate, institutional and retail customers through its operations in Thailand, Malaysia, Indonesia, India and The Philippines. In China, the Bank has branches and representative offices in Shanghai, Beijing, Guangzhou, Shenzhen, Fuzhou, Tianjin, Dongguan and Hangzhou. The Bank's credit ratings are one of the highest among banks competing in the Asia-Pacific region, and the highest among banks in Singapore.
About the Murugappa Group
Headquartered in Chennai, the Rs.9582 Crore (USD 2.4 billion) Murugappa Group is India’s leading business conglomerate. Market leaders in diverse areas of business including Engineering, Abrasives, Finance, General Insurance, Cycles, Sugar, Farm Inputs, Fertilizers, Plantations, Bio-products and Nutraceuticals, its 29 limited companies have manufacturing facilities spread across 13 states in India. The organisation fosters an environment of professionalism and has a workforce of over 32,000 employees. The Group which has forged strong joint venture alliances with leading international companies like DBS Bank, Mitsui Sumitomo, Cargill, China Engineering & Expoloration Bureau and Groupe Chimique Tunisien, has consolidated its status as one of the fastest growing diversified business houses in India.
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