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Tata AIA Life appoints Harshad Patil as CIO

Mr. Patil will be responsible for all investment activities and investment strategy.

February 14, 2014 5:10 IST | India Infoline News Service
Tata AIA Life Insurance Company (Tata AIA Life) has announced the appointment of Mr. Harshad Patil as the Chief Investment Officer (CIO).
 
Based in Mumbai, Mr. Patil shall report to M. Suresh, Managing Director & CEO of the Company. Mr. Patil will be responsible for all investment activities and investment strategy.
 
Commenting on Mr. Patil’s appointment, Mr. Suresh said, “Harshad has done a great job as the Head of Tata AIA Life’s Fixed Income function. The day-to-day operations of Investment function of the Company are in good hands with Harshad at the helm in Operations. I am very confident that his experience shall contribute towards building a quality and financially strong organization.”
 
Mr. Patil joined Tata AIA Life in 2006. He has played an important role behind the stellar performance of the Company’s Unit Linked Income Funds and Hybrid Funds, which have outperformed the benchmark consistently. He also developed the investment methodology of the High Water Mark funds in-house, making Tata AIA Life a pioneer in this fund category.
 
Prior to joining to Tata AIA Life, Mr. Patil worked with UTI Mutual Fund for over 7 years in various capacities linked to fund management and dealing.
 
Mr. Patil holds a Bachelor’s Degree in Mechanical Engineering and a Masters Degree in Management Studies from Jamnalal Bajaj Institute of Management Studies, Mumbai. He also has a CFA certification to his credit.

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