NAM India Asset Management is shaking up its leadership slate, signaling a blend of continuity and strategic pivots as it navigates growth in a competitive market. The board has reappointed and refreshed top leadership, with Sundeep Sikka continuing in the role of Managing Director and Chief Executive Officer for a fresh five-year term, underscoring stability at the helm as the asset manager builds on momentum in FY26.
On the board, Hironao Kunita will join as an Additional (Non-Executive) Director, nominated by Nippon Life Insurance Company (NLI), the promoter of the company. Kosuke Kuroishi, another NLI nominee, has resigned from the directorship due to a shift in NLI’s management structure. The changes reflect NAM India’s ongoing governance alignment with its promoter’s strategic priorities.
In the executive suite, Saugata Chatterjee, the company’s President and Chief Business Officer – Sales, Distribution & Operations, has been appointed Deputy Chief Executive Officer, effective May 1, 2026, while continuing as a Senior Management Personnel. The CHRO role sees a transition as Rajesh Derhgawen will superannuate at the end of May 2026, with Mohit Shetty, currently Deputy CHRO, set to succeed as CHRO from June 1, 2026 (also designated as SMP). Additionally, Muneesh Sud, the Chief Legal and Compliance Officer, has been redesignated as General Counsel & Chief of Compliance from May 1, 2026, maintaining his SMP status. These moves position NAM India to reinforce leadership across growth, HR, and governance as it pursues expansion across its asset-management franchises.