UTIAMC: Ms. P. V. Bharathi to be Chairperson from July 29, 2026
UTI AMC announced Mr. Deepak Kumar Chatterjee will cease as Non-Executive Independent Director on July 28, 2026. Ms. P. V. Bharathi has been selected as the new Chairperson of the Board, effective July 29, 2026. Ms. Bharathi has 37 years of banking experience.
The change in Chairperson is a normal part of corporate governance and is not expected to have a significant immediate impact on the company's operations or financial performance.
The announcement concerns a routine change in the board's leadership, with one director completing their term and another taking over as Chairperson. This is a standard corporate governance event.
UTI Asset Management Company Limited has announced a change in its Board composition. Mr. Deepak Kumar Chatterjee will complete his term as Non-Executive Independent Director on July 28, 2026. Consequently, he will cease to be the Chairperson of the Board and a member of various committees including the Risk Management Committee and Stakeholders Relationship Committee.
The Board of Directors, in a meeting held on July 22, 2026, has selected Ms. P. V. Bharathi, a Non-Executive Independent Director, to assume the role of Chairperson of the Board and the Company, effective July 29, 2026. The company acknowledged Mr. Chatterjee's valuable contributions during his tenure.
Ms. Bharathi brings extensive experience, having served 37 years in banking, including roles as Executive Director at Canara Bank and MD & CEO of Corporation Bank. Her qualifications include a Master of Arts in Economics and certifications from IIBF and NIBM. She is not related to any other Director of the Company and is not debarred from holding the office of Director.
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UTI Asset Management Company Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by UTI Asset Management Company Limited. Read the original for the full detail.