DSP Pension Fund Managers appoints G N Bajpai and G Mahalingam as independent directors

G N Bajpai to assume role as Chairman of DSP Pension Fund Managers

Mumbai, May 19, 2023: DSP Pension Fund Managers announced the appointment of G N Bajpai and G Mahalingam as Independent Directors of DSP Pension Fund Managers. G N Bajpai would also assume the role of Chairman of DSP Pension Fund Managers.

G N Bajpai, a distinguished leader in Indian business was the Chairman of the Securities and Exchange Board of India. Earlier Mr. Bajpai was Chairman of the Life Insurance Corporation of India (LIC). Mr. Bajpai is known for his visionary leadership and exemplary integrity. He has served/serves as a non-Executive Chairman and a Director on corporate boards in India and other countries, received awards for contribution to business, and authored several books. Mr. Bajpai has been the Chairman of the Corporate Governance Task Force of International Organization of Securities Commissions and the Chairperson of the National (India) Pension Trust Board and National Stock Exchange of India.

G Mahalingam has had a professional career of four decades spanning across the financial sector regulators, Reserve Bank of India (RBI) and Securities & Exchange Board of India (SEBI). He has taken on varied roles in RBI encompassing financial market development, regulation and operations, foreign exchange reserves management, debt management, and regulation and supervision of banks. He was instrumental in formulating regulatory policies and conduct of market operations of RBI during the global financial crisis, European debt crisis (2011-12) as well as the taper tantrum (2013-2016). He was closely involved in giving shape to foreign exchange policies and monetary policy implementation.

“We are pleased to welcome two of the most distinguished leaders from the Indian Financial sector to be part of our pension fund business. Their visionary leadership, integrity, and experience across several decades would be invaluable in guiding the business sustainably and creating a positive impact for all stakeholders,” says Hemendra Kothari, Chairman, DSP Asset Managers.

“Our vision at DSP Pension Fund Managers is to become the top choice as a retirement solution service provider, delivering exceptional customer experiences through empowered teams and use of cutting-edge technology. It would be an honor to work closely with Mr. Bajpai and Mr. Mahalingam and I look forward to their valuable insights and guidance at this poignant time in our Pension Fund Business,” says Rahul Bhagat, CEO, DSP Pension Fund Managers.

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