New Delhi, Sept. 4 -- The Association of Mutual Funds in India (AMFI), the industry body representing all Asset Management Companies (AMCs), on Thursday announced its new chairman and vice chairman.

Nippon Life India Asset Management Executive Director and Chief Executive Officer Sundeep Sikka has been elected as chairman, while Vishal Kapoor, Chief Executive Officer of Bandhan Asset Management, has been elected as Vice Chairman following AMFI's 30th Annual General Meeting, it said in a statement.

Sundeep Sikka served as chairman of AMFI from 2013 to 2015 and has been on the AMFI board since 2009. Vishal Kapoor has been serving as chairman of the ARN Committee since 2020 and has been on the AMFI board.

The new leadership takes charge a...