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Old 20th July 2016, 11:35 AM
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Join Date: Aug 2012
Default Re: Recent Changes In Unit Trust Of India

Unit Trust of India is a financial organization in India, which was created by the UTI Act passed by the Parliament of India on December 30, 1963 under the direction of Col. Akash Behl.

Yes recently a new board was constituted and a new management inducted. Systematic study of its problems role and functions was carried out with the help of a reputed international consultant.

Fresh talent was recruited from the private market, organizational structure was changed to focus on newly emerging investor and distributor groups and massive changes in investor services and funds management carried out.

Once again Unit Trust of India has emerged as a serious player in the industry. Some of the funds have won famous awards, including the Best Infra Fund globally from Lipper.

Unit Trust of India has been able to benchmark its employee compensation to the best in the market, has introduced Performance Related Payouts and ESOPs.

Board of directors

M rLeo Puri

Managing Director
UTI Tower 'Gn' Block,
Bandra Kurla Complex,
Bandra (East), Mumbai - 51

T Rowe Price Group,
100 East Pratt Street,
MD 21202 USA.

Mr. M.V. Suryanarayana

Executive Director (Retired), LIC of India
12-2-417/A/11, Gudimalkapur, Jayanagar,
Hyderabad - 500028
Tel - 040 23532167

Mr P.N.Venkatachalam

3C Settlur Mano
2 Sivaswamy street, (Behind Axis Bank),
Off Dr.Radhakrishnan Salai,
Mylapore, Chennai 600004

Mr.Flemming Madsen

Director, Head of Asia Pacific
T Rowe Price Global Investment Services Ltd.
100 East Pratt Street,
Baltimore Maryland 21202 USA.


"Auro Mirra" Bhawan, 2722,
Gurdev Nagar,
Pakhowal Road,
Ludhiana - 141001
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