(Free Press Release)
IDBI Mutual Fund appoints Debasish Mallick as MD & CEO

Mumbai: IDBI Asset Management Ltd. has announced the appointment of Mr. Debasish Mallick as MD & CEO, effective May 19, 2011.

Speaking on his appointment, Mr. Mallick said, “I am delighted to join IDBI Mutual Fund and I am excited about the opportunities that lie ahead. We at IDBI Mutual Fund intend to deepen focus on company‘s mission by assisting fellow investors in making informed investment choices. Backed by an enviable brand and our committed team, I am confident that we shall succeed in our mission”.

Shri Mallick, a post graduate in Economics and a Certified Associate of Indian Institute of Bankers, has nearly three decades of experience in the Banking industry. Immediately prior to joining the AMC, he was head of Personal Banking Business for IDBI Bank Ltd. (West Zone) which included distribution of Mutual Fund products. Shri Mallick also has long experience in the areas of Corporate Banking, International Banking, resource mobilization and Treasury among others.

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