Nippon Life India Asset Management Limited informed that Mr. Kaiyomurz Daver, will be joining as Chief Marketing Officer (Senior Managerial Personnel) in place of Mr. Sandeep Walunj. Mr. Sandeep Walunj (Senior Managerial Personnel) will in turn be taking charge as Head - Enhancing Relationship Value with effect from February 1, 2024. Mr. Kaiyomurz Daver has 25 years of experience in building and leading high performance marketing, digital, and corporate communication teams to align with business objectives and drive growth.

He has been associated with Bandhan AMC since 2020, as a Head - Marketing, Digital Business, Investor Awareness, and Distributor Engagement. In this role he has successfully managed IDFC AMC brand transformation to Bandhan AMC. Previously, he was associated with Indianivesh Securities as a Head - Group Marketing and Corporate Communications.

In this role, he established marketing and corporate communications functions for Retail Broking, PMS, Wealth Management, and Institutional Equities businesses. Earlier, he was with Kotak Mahindra AMC for 13 years. He joined them as Head Marketing and grew from an AVP grade to Senior Vice President grade.

During this tenure, he set up and led the marketing and corporate communications department. In the past, he worked with Motilal Oswal, where he led the development and implementation of corporate and product advertising.