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Wednesday, January 21, 2009

Baroda Pioneer MF appoints Head of Fixed Income

Alok Sahoo will work as Head of Fixed Income

Baroda Pioneer Mutual Fund is appointed Alok Sahoo as Head of Fixed Income and Abhay Nagar appointed as Vice-President & Head of Saleswith effect from 20 January 2009.

Commenting on the appointments, Rajan Krishnan, Chief Executive Officer, Baroda Pioneer AMC, said, “We are delighted to have Alok Sahoo and Abhay Nagar on board as they both bring in extensive knowledge and deep understanding of the mutual fund industry. We are very positive about significantly building our business here and these appointments perfectly align with our commitment and plan to grow our asset management business. I am confident that both Alok and Abhay would bring the desired depth & experience and play an instrumental part in the organization's growth plans.”

Alok Sahoo will be responsible for leading the investment team on the fixed income side, developing, and executing the firm's fixed income strategy. He has over 10 years of experience, joins from HSBC Mutual Fund where he was a Fund Manager – Fixed Income. Prior to that, he was with UTI Mutual Fund as Fund Manager - Fixed Income. Alok is a management graduate in Finance from Xavier Institute of Management, Bhubaneswar.

Abhay Nagar will manage the entire sales and distribution strategy of the company. He has over 14 years experience in the financial markets, comes from the sales & distribution side of the business. He was Vice President and Head, Retail Sales at Tata Mutual Fund. Abhay Nagar has done his Masters in Business Administration with specialization in Finance.

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