Nippon Life India Asset Management Limited (NAM India), asset manager of Nippon India Mutual Fund (NIMF), announced the appointment of Rupesh Patel as Senior Fund Manager in Equity Investments and Hideaki Masago as Deputy Chief Risk Officer.
In his last role, Rupesh worked with Tata Mutual Fund as Senior Fund Manager – Equities, where he managed some of the flagship equity funds such as Midcap Growth, Large Cap, Tax Savings, and Infrastructure Funds since 2008. Rupesh brings 19 years of diverse experience across equity investments, equity re-investments, credit risk assessment, and evaluation of infrastructure projects. He is a civil engineering graduate and an MBA in Finance from Sardar Patel University.
Commenting on the appointment of Rupesh Patel, Manish Gunwani, CIO – Equity Investments, Nippon India Mutual Fund, said, “We are delighted to have Rupesh on board. His in-depth knowledge and rich experience would complement and strengthen our equity investment management function and will help our team’s collective endeavour to deliver value to all our unitholders.”
Over a period of time, NAM India has been steadily strengthening its investment and fund management team. Rupesh is third new addition to the team after Pranay Sinha, a senior Fixed Income Manager from Aditya Birla Mutual Fund & Amar Kalkundrikar, a senior Equity Fund Manager from HDFC Mutual Fund, both of whom joined the Fund house recently.
In addition, Hideaki Masago has recently joined NAM India as Deputy Chief Risk Officer. He has been working with Nippon Life Group, Japan for around 25 years & has rich and diversified experience across various areas such as Risk Management, Capital Markets & Treasury, Overseas Business Planning and Operation, at Nippon Life Insurance & Nissay Asset Management, Japan. He has a Bachelors’ Degree in Economics from Osaka University, Japan.
NAM India continues to leverage the strengths & inculcate best global practices in the area of risk management from Nippon Life Insurance, Japan and this particular appointment is another step in that direction.
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