Mutual funds company UTI Asset Management recently announced the appointment of Imtaiyazur Rahman as the full-time Chief Executive Officer. He had been serving the company as the acting CEO of the company for about two years.
Imtaiyazur Rahman is a Science graduate, Fellow of Institute of Cost Accountants of India, Fellow of Institute of Company Secretaries of India, Certified Public Accountant (USA), and GAMP (ISB-Kellog).
He has more than 30 of experience in management, business leadership, leading change and forming strategic alliances. He joined the UTI Group in 1998 as part of UTI Investor Technology Services Ltd. and joined UTI AMC Ltd. in 2003. He was appointed as the Acting Chief Executive Officer from August 14, 2018 and was appointed as Whole-time Director of our Company with effect from April 28, 2019 earlier, he was the Acting CEO from January 2012 to August 2013. He was also the CFO of the company from 2005. In his role as Group President & Chief Finance Officer, he headed the functions of Finance, Accounts, Taxation, Information Technology and Board related matters.
Rahman is on the Board of UTI International (Singapore), UTI International Ltd. Guernsey, UTI Venture Funds Management Co. Pvt. Ltd., UTI Capital Ltd., IOT Infrastructure & Energy Services Ltd., UTI Pharma Fund, UTI India Fund, UTI Rainbow Fund and UTI Retirement Solutions Ltd.
In the past, he was a Director on the Board of Association of Mutual Funds in India (AMFI) and the Convenor of the AMFI Committee on Foreign Investment. He was also on the Investment Committee & Capital Market Committee of IMC, and National Committee on Finance of Confederation of Indian Industry (CII). He was also a member of the working group for risk management in liquid schemes constituted by SEBI.
Prior to joining our company, he was associated with Sumeet Machines Ltd, Leasing Finance India Ltd, Bells Controls Ltd, New India Rubber Works (P) Ltd. and S. Gupta & Co.