June 19, 2023
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Elevation of Manish Banthia at ICICI AMC
ICICI Prudential Asset Management Company (AMC) has announced the Elevation of Manish Banthia ICICI AMC Elevation of Manish Banthia ICICI AMC to the position of chief investment officer ( CIO)fixed income as the current CIO Rahul Goswami is set to vacate the position next week.
Goswami, who headed the debt team at the AMC for over a decade, is said to be headed to Franklin Templeton Mutual Fund. The appointment comes at a time when Franklin Templeton is looking to restore investor confidence in its debt schemes, dented by the shuttering of six debt schemes in 2020. Last week, the fund house paid another ? 178 crore to investors in woundup debt schemes.
With the latest payment, the fund house has made complete payments to investors in five of the six debt schemes.
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