Anand Vardarajan, Chief Executive Officer and Managing Director, Tata Asset Management
Tata Asset Management, the investment manager of Tata Mutual Fund, has appointed Anand Vardarajan as Chief Executive Officer and Managing Director with immediate effect.Prathit Bhobe, the existing Chief Executive Officer and Managing Director stepped down on July 7.Vardarajan has been an integral part of Tata Asset Management’s leadership team since 2018 and served as Chief Business Officer. With over 24 years of experience in banking, wealth management, and financial services, he has played a key role in driving business growth for the company. Prior to joining Tata Asset Management, he held leadership roles at ICICI Bank and Citibank.As part of the leadership transition, Hemant Kumar has been appointed Chief Business Officer and will oversee business functions across the company comprising of retail, institutional businesses, products, alliances, digital and data functions.Kumar brings over 21 years of experience in banking and financial services. Having previously served as Chief Distribution and Digital Officer at Tata Asset Management, he has led the company’s distribution and digital business.Rajiv Sabharwal, Chairman of Tata Asset Management said Vardarajan’s leadership experience and deep understanding of the business, along with Kumar’s proven track record in driving distribution and business growth, position the company well for its next phase of growth.Published on July 10, 2026
