SBI Funds Management Limited has announced a leadership reshuffle on its board as Moiz Miyajiwala completes his second term as Independent Director. His tenure ends at close of business on September 28, 2026, and he ceases to be the Independent Director, Chairperson and a member of several key committees including the Audit Committee, Risk Management Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The company records its appreciation for his guidance and contributions during his association with the firm.
In a move to bolster governance, the Board has approved the appointment of Giridhar Sanjeevi as an Additional Director (Independent) for a period of three consecutive years, effective September 29, 2026, subject to the approval of the shareholders. Sanjeevi brings a strong財nancial and strategic background to the table, with a career spanning over three decades in finance and management.
Sanjeevi holds a post graduate diploma in management from the Indian Institute of Management, Ahmedabad, and is a Chartered Accountant. He currently serves as Chairperson and Independent Director on the Board of Amagi Media Labs Limited and previously held the role of Executive Vice President and Chief Financial Officer at Indian Hotels Company Limited. He is not debarred from holding office by SEBI or any other authority. The appointment signals a measured governance refresh as the company seeks to reinforce independent oversight while aligning with shareholder approvals.