Parekh Ashvin named as Independent Director at Nippon Life India AMC

Nippon Life India Asset Management (NAM India), the Asset Manager of Nippon India Mutual Fund (NIMF), has named Parekh Ashvin, as its Independent Director on the Board of Directors of Nippon Life India Asset Management Limited for a tenure of 5 years.

“We look forward to working closely with Mr. Parekh Ashvin & learn from his rich experience,” says Sundeep Sikka Executive Director & CEO, Nippon India Mutual Fund.

Parekh Ashvin holds over 40 years of rich experience in Business & Operational strategies in Banking, Insurance, Asset Management and Para-banking Institutions around Indian Subcontinent, US, Europe and Australia.

He was earlier the Senior Partner at Ernst & Young prior to his retirement and was also appointed as the Chairman of the National Pension Scheme. He is a member of various Boards and before joining EY, he held senior positions at Deloitte, Arthur Anderson, Price Waterhouse Coopers, KPMG and Hindustan Unilever.

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A financial services sector expert at World Bank and the Asian Development Bank, Parekh Ashvin had been a member of several committees formed by the Union Ministry of Finance, RBI, IRDA and SEBI.

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