HDFC Asset Management Company Limited has unveiled a leadership reshuffle in its Fixed Income team, naming Anil Bamboli as Head – Fixed Income with effect from March 7, 2026. The move comes as Shobhit Mehrotra, who has been associated with the company since 2004, steps into a new remit: Head – New Initiatives – Fixed Income, effective March 16, 2026. Mehrotra’s transition comes in the context of attaining superannuation age under the company policy for his previous role as Head – Fixed Income, and the board has decided to retain his expertise by re-designating him to lead new fixed-income initiatives. Both appointments are internal and reflect the company’s emphasis on strengthening its fixed-income and credit analysis capabilities.
The board, following recommendations from the Nomination and Remuneration Committee, noted that Mehrotra will bring his extensive fixed-income and credit experience to the new role, while Bamboli will assume the principal responsibility for the Fixed Income function. Both executives will report to Navneet Munot, Managing Director & Chief Executive Officer, and will form part of HDFC AMC’s Senior Management. The changes were approved at the board meeting held on March 6, 2026, underscoring a strategic shift within the fixed-income operations and ensuring continuity of leadership in this core area.