Quant Mutual Fund, beneath SEBI lens in a front-running case, has appointed Shashi Kataria as Chief Monetary Officer.
He has taken cost from July 1, stated the fund home in a communication to unitholders.
Kataria has been appointed as Chief Monetary Officer, Operations Head and Government Director of Quant Cash Managers rather than Harshal Patel, who has resigned attributable to private causes, it stated.
He has beforehand labored with PPFAS AMC as CFO, COO and Director. He was additionally related to DSP Blackrock Funding Managers as Supervisor Finance.
- Learn: Quant MF beneath SEBI scrutiny: Deep dive into their mid- & small-cap schemes
Markets regulator Sebi investigated a suspected case of front-running in ₹93,000 crore Quant Mutual Fund.
Harshal Patel tendered his resignation on February 19 and the final day and his service with the corporate was on Could 19. His final held place was Chief Monetary Officer for Quant AMC.
Kataria joined us on June 10 and the Board assembly was convened on July 1, 2024 to nominate him as Chief Monetary Officer, Operations Head and Government Director of quant Cash Managers, the fund home clarified.
