UTI Asset Management Company Limited has informed the Exchange about change in Management
UTIAMC · price
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UTI Asset Management Company has appointed Mr. Kapil Udaiwal as its new President & Head - Human Resources, effective 1st January 2026. Mr. Udaiwal brings over 23 years of experience spanning ITES, IT, and BFSI sectors, with prior stints at Aptech Limited and Infosys. He spent the last 13+ years at Ageas Federal Life Insurance Company as Chief Human Resource Officer, where he led a workforce of 2,200+ across 77+ locations. He holds a B.Sc from University of Rajasthan, a Master's in Labour Laws and Labour Welfare from University of Pune, and a PGDM in PM & HRD from the Indian Institute of Modern Management.
This is a routine senior management appointment at the functional level and is not expected to have a direct material impact on the stock price or shareholder value, though strengthening the HR leadership could support the company's long-term talent and culture strategy.