Nippon Life India Asset Management, asset manager of Nippon India Mutual Fund, announced the elevation of Mr. Sailesh Bhan as its new CIO ­Equity effective January 1, 2023, when he takes over the charge from the present CIO ­Equity, Manish Gunwani. Sailesh has been with the organization since 2004 and has been acting as Deputy CIO ­ Equity, since 2014. He comes with over 25 years of rich investment experience.

He has been managing multiple funds namely, Nippon India Large Cap, Nippon India Multi Cap & Nippon India Pharma Fund for over 15 years. Sailesh has been an important pillar of NAM India and has been groomed over a period to take up this role. Manish Gunwani, after a successful stint of over 5 years, will be moving on to pursue other career opportunity.

He has led a strong team of 28 plus investment professionals with his robust knowledge and Investment capability.