Bank of India Mutual Fund appoints Mohit Bhatia as CEO

Bhatia has over 26 years of professional experience in the areas of Sales & Distribution, Team Building, Marketing & Branding, Building Digital Eco-systems in the Mutual Fund and Financial Services Industry.

His last assignment was with Canara Robeco Asset Management Company Limited as Head of Sales and Marketing. During his tenure, the fund house reached Assets Under Management (AUM) 50,000 crores.

His past work experiences include stints with Franklin Templeton AMC as Head of Retail Consulting Services; Axis Bank as Zonal Head Wealth- North India; DSP Merrill Lynch Investment Managers as Head-North India and later as Head-Banking Channel Pan India and Alliance Capital AMC.

Commenting on his appointment, Bhatia said, “We aim to provide access and access to our existing as well as new MF products and investment solutions through an optimal combination of physical infrastructure and enhancements in a seamless digital eco-system for our investors. Will try to increase Distributor. With the support of our BOI MF team, I want our AMCs to become a significant player in SIPs/periodic investments built over the next 3-5 years, by expanding our distribution reach and aiming for consistency in the performance of the supported products. Through robust investment processes and a robust risk management framework.”

“We will focus on building a scalable and self-sustaining business model and strive to ensure that the interests of all stakeholders are adequately addressed through the right balance between growth and profitability,” he added.

Bhatia holds BE (Mechanical Engineering) and MBA from Management Development Institute (Gurgaon).

Bank of India Investment Managers Private Limited is a wholly owned subsidiary of Bank of India. As per industry estimates, the average AUM of Bank of India Mutual Fund was 3,054.36 for the July-September quarter.