SBI Funds Management Appoints Amol Joshi as New CFO, Effective Oct 1
SBI Funds Management Limited announced the retirement of CFO Inderjeet Ghuliani on Sep 30, 2026. Amol Joshi appointed as the new CFO effective Oct 1, 2026. Joshi has 32 years of experience and previously served as CFO of TransUnion CIBIL Limited.
The appointment of a new Chief Financial Officer is a significant event for the company's operations and financial management. The extensive experience of the new CFO suggests a smooth transition, but any change in key managerial positions can have a medium-term impact on strategy and execution.
The announcement pertains to a routine leadership change (retirement and appointment of CFO) and does not contain information that would significantly impact the company's financial performance or market position in a positive or negative way.
SBI Funds Management Limited announced key changes in its leadership following a Board Meeting held on September 29, 2026. The Board accepted the retirement of Mr. Inderjeet Ghuliani as the Chief Financial Officer and Key Managerial Personnel, effective at the close of business hours on September 30, 2026, upon attaining the age of superannuation.
Concurrently, the Board approved the appointment of Mr. Amol Joshi as the new Chief Financial Officer and Key Managerial Personnel, effective October 1, 2026. This appointment was made based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee.
Mr. Amol Joshi brings approximately 32 years of extensive experience, having previously led finance functions and ensured strong governance, regulatory compliance, and financial discipline in listed entities. He has served as the CFO of TransUnion CIBIL Limited and has prior experience with organizations such as IndoStar Capital Finance, L&T Financial Services, Standard Chartered Bank, American Express Bank, and Oracle Financial Services.
Following these changes, the list of Key Managerial Personnels authorized for determining materiality and making disclosures to stock exchanges, effective October 1, 2026, has been updated. The authorized personnel include Mr. Debasish Mishra (Managing Director and CEO), Mr. Denys Charles Jean Marie Fougeroux De Campigneulles (Executive Director and Deputy CEO), Mr. Amol Joshi (Chief Financial Officer), and Ms. Vinaya Datar (Chief Compliance Officer, Company Secretary, and Head Legal).
The Board Meeting commenced at 4:00 p.m. IST and concluded at 5:34 p.m. IST.
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SBI Funds Management Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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