The Minds That Lead

Every great journey starts with a clear vision. Meet the leaders guiding ours.

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A. Balasubramanian

Managing Director & Chief Executive Officer

Mr. A. Balasubramanian is the Managing Director & CEO of the Company. A stalwart of the mutual fund industry, he brings with him over three decades of rich experience. He has been associated with the organisation since 1994. Prior to assuming the role of CEO in 2009, Mr. Balasubramanian served as the Chief Investment Officer from 2006 to 2009. As Managing Director & CEO, Mr. Balasubramanian oversees Assets over ₹4 lakh crores including Alternate Business of the Company. Before joining the Company in the year 1994, he worked with GIC Mutual Fund, Can Bank Financial Services and Pandit & Co. between 1989 and 1994.Mr. Balasubramanian is closely associated with key industry bodies. He has been on the Board of Association of Mutual Funds in India (AMFI) since 2009 and was the Vice Chairman of AMFI in 2015-2016. He has served as the Chairman of AMFI for two terms, from 2016-2018, and was reappointed for the period 2021 – 2023. He has been the Governor on Board of Governors at the National Institute of Securities Markets (NISM), an institute affiliated with SEBI from 2018 to 2024. Mr. Balasubramanian is the Chairman of the AMFI Equity CIOs’ Committee and a Member of the Fund Management Advisory Committee of the International Financial Services Centres Authority (IFSCA). He is also a Director on the Board of Bombay Chamber of Commerce & Industry, Aditya Birla Sun Life Pension Fund Management Limited, AMFI, Institute for Mutual Fund Intermediaries (IMFI) and Aditya Birla Sun Life AMC International (IFSC) Limited.Mr. Balasubramanian was awarded CEO of the Year title by Asia Asset Management in 2018 and 2020. He has been awarded the Chairman’s Individual Award by the Aditya Birla Group for being an Outstanding Leader in 2015 and for being a Leader of Leaders in 2018.Mr. Balasubramanian is involved with philanthropic work through various charitable organisations. He is one of the active Members at the Sathya Sai Sanjeevani Centre for Child Heart Care. He is also associated with the Sathya Sai University, Gulbarga that imparts knowledge on Human Excellence to students during their higher education. He also promotes Indian arts and village traditional culture.He has completed Advanced Management Programs from Indian Institute of Management (IIM), Bangalore and Harvard Business School. He also holds a Bachelor’s degree in Science (Mathematics) and a Master’s degree in Business Administration from the GlobalNxt University.

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Harish Krishnan

Chief Investment Officer - Equity

Mr. Harish Krishnan is the Chief Investment Officer - Equity of the Company. He has experience of around 21 years in the Asset Management Industry, both domestical and international. Prior to joining the Company as the Co-CIO and Head Equity, he was associated with Kotak Mutual Fund for more than 10 years as Senior Fund Manager - Equity. He has also worked at Kotak Mahindra (UK) Limited where he managed offshore funds based out of Singapore and Dubai.He holds a bachelor’s degree in engineering from the Government College, Trichur and has done his PGDBM from IIM Kozhikode. He is also a CFA from CFA Institute, USA.

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Kaustubh Gupta

Chief Investment Officer - Fixed Income

Mr. Kaustubh Gupta is the Chief Investment Officer - Fixed Income of the Company. He has over 20 years of extensive investment experience having worked in various capacity of treasury finance, liquidity management and fund management. As Co - Head Fixed Income (Markets), he led the overall fixed income portfolio management of the Company. Prior to joining the Company in 2009, he worked with ICICI Bank for around 5 years in the Asset Liability Management team.He is a Chartered Accountant and CFA (Level 2) by qualification.

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Sunaina da Cunha

Co-CIO Debt

Ms. Sunaina da Cunha is the Co-CIO Debt of the Company. She has over 20 years of experience in fixed income fund management with an expertise in structuring bond solutions and credit transactions. As Co-Head Fixed Income (Credits), she led the overall credit portfolio of the Company. She has been part of the Aditya Birla Group since 2004 having started as a Group Management Trainee in Aditya Birla Management Corporation Private Limited.She is a CFA Charter Holder from the CFA Institute, Virginia, USA. She is also an MBA from the Faculty of Management Studies (FMS), University of Delhi.

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Sameer Narayan

Head - Offshore & Alternate Investment Equity

Mr. Sameer Narayan has over 25 years of experience in Indian Equity markets with significant alpha generation track record over longer time periods. He has been with the Company since July 2022 as Head - Offshore & Alternate Investment Equity.Prior to joining the Company, he has worked with organizations like Invesco Asset Management - India, Adani Advisory LLP, BNP Paribas Investment Partners, SSKI Securities Pvt. Ltd., Enam Securities Pvt. Ltd. and Motilal Oswal Securities Ltd. He has varied experience in managing mandates across growth and value strategies as well as buy side and sell side experience.Sameer holds Master’s in Management Studies (MMS) from Narsee Monjee Institute of Management Studies, Mumbai and B.E. degree with specialization in Production Engineering from KJ Somaiya college of Engineering, Mumbai.

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Hemen Bhatia

Head - Passives

Mr. Hemen Bhatia is a seasoned asset management professional with over 20 years of experience in the Indian mutual fund industry and is widely recognized for his expertise in ETFs and passive business. In his most recent role, Mr. Bhatia served as Executive Director & CEO of Angel One AMC spearheading the buildout of the firm’s passive-focused asset management business. Prior to that, he was Head of ETF Business at Nippon Life India AMC, where he played a key role in scaling the passive business significantly.He was also part of the core team at Benchmark AMC, the pioneering house that introduced the ETF concept to India and was instrumental in establishing the landmark CPSE ETF at Goldman Sachs AMC, which was a very successful Government of India disinvestment program via ETF route. Mr. Bhatia has been an active member of key industry and regulatory bodies, including AMFI’s ETF Committee and he was also part of the SEBI working group that developed the Mutual Funds Lite (MF Lite) framework for passive schemes.Mr. Bhatia holds Master of Management Studies (Finance) degree from Mumbai University.

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Karan Dave

Head Alternate Investments – Fixed Income

Mr. Karan Dave brings over 19 years of experience spread across Corporate Lending, Structured Finance and Project Finance. He was part of the core team that scaled the wholesale lending business at Aditya Birla Capital to an AUM of over US$4 billion.He brings strong expertise in deal origination, structuring and portfolio management, having led investments of more than ₹15,000 crores across the credit spectrum spanning large corporate debt, structured finance and project linked funding. His sectoral exposure encompasses Infrastructure, Manufacturing, Hospitality, Financial Services and Real Estate amongst others.Mr. Dave holds an MBA from the Indian Institute of Management, Bangalore and is a rank holding Chartered Accountant.

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Akshat Pandya

Head - Real Estate

Mr. Akshat Pandya Head - Real Estate has been associated with the Company for 11 years and he has been part of the Real Estate Investment Advisory which oversees the management of investments across multiple Real Estate Funds under the ambit of Aditya Birla Sun Life AMC Ltd. Prior to joining the Company, Mr. Pandya was associated with ENAM, Lehman Brothers & HDFC Ltd. Mr. Pandya holds master’s degree in management studies from NMIMS and a bachelor’s degree in commerce from the University of Mumbai.

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