DBS Chola Mutual Fund CEO quits

Kolkata: Mr Rajnish Narula, Chief Executive Officer , DBS Cholamandalam Asset Management Ltd, is learnt to have put in his papers. Mr Narula, who was earlier in charge of the erstwhile Alliance MF, took over as CEO of DBS Chola in June last year, not long after the joint venture between Murugappa Group and DBS Bank of Singapore was launched. DBS Chola Mutual Fund manages a range of products, totaling for roughly Rs 2,500 crore in assets (as on May 31, 2007).