AMFI Elects Sundeep Sikka chairman, Vishal Kapoor Vice Chairman

The Association of Mutual Funds in India on Thursday elected Sundeep Sikka as chairman and Vishal Kapoor as vice chairman, with both taking charge immediately.

Sikka is executive director and CEO of Nippon Life India Asset Management Ltd., while Kapoor is CEO of Bandhan Asset Management Co. Sikka earlier served as AMFI chairman during 2013–2015 and has been on the board since 2009. Kapoor has been a board member since 2018.

Sikka said AMFI’s focus will be on expanding mutual fund reach, boosting investor confidence, and working closely with SEBI and policymakers. Kapoor added that the association will prioritise simplifying access for first-time investors and strengthening the distribution network.

They succeed Navneet Munot of HDFC AMC as chairman and Anthony Heredia of Mahindra Manulife MF as vice chairman.