ICICI Prudential Asset Management Company Limited has informed the Exchange regarding Cessation of Mr. Sumit Gupta as Chief Risk Officer of the company w.e.f. January 20, 2026.
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ICICI Prudential Asset Management Company Limited has informed the stock exchange about the cessation of Mr. Sumit Gupta from the position of Chief Risk Officer, effective January 20, 2026. The Chief Risk Officer is classified as a Key Managerial Personnel (KMP) under the Companies Act, 2013. The announcement does not mention the reason for his departure or any successor appointment. ICICI Prudential AMC is one of India's largest mutual fund asset managers.
The departure of a KMP at a major asset management company is a routine leadership change, but shareholders should watch for an update on his replacement, as risk management is critical for a fund house handling public money.