ABSL AMC appoints Hemen Bhatia as Head of Passives business
ABSLAMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aditya Birla Sun Life AMC has appointed Mr. Hemen Bhatia as Head of Passives and Senior Management Personnel, effective June 23, 2026. Bhatia brings over 20 years of experience in India's mutual fund industry, with deep expertise in ETFs and passive products. He was previously Executive Director and CEO of Angel One AMC and earlier headed the ETF business at Nippon Life India AMC. He will lead the company's passive business strategy, focusing on expanding ETF and index fund offerings for institutional and retail investors.
Strategic senior hire to scale the passive and ETF business in a fast-growing segment. Mildly positive for growth outlook, neutral for near-term stock price.