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Ashish Nigam quits Religare AMC

Effective September 1, 2010, Religare Mutual Fund has appointed Mr Sujoy Kumar Das as Head-Fixed Income consequent to the resignation of Mr. Ashish Nigam.

Religare Liquid Fund, Religare Ultra Short Term Fund, Religare Short Term Plan, Religare Active Income,Religare Overnight Fund, Religare Gilt Fund, Religare MIP Fund and Religare FMP Series II (A, B, C, E and F), which Ashish Nigam was jointly managing with Sujoy Kumar Das will now be managed by Sujoy Kumar Das.

Sujoy is an Economic Graduate and holds a PG Diploma in Business Administration with specialization in finance & international business. He has over 14 years experience in the BFSI space, which includes around 10 years of experience in the asset management business. He has worked with Bharti AXA Investment Managers, DSP Merrill Lynch Fund Managers and Bank of Punjab.