Date:05/07/2006 URL: http://www.thehindu.com/2006/07/05/stories/2006070502431607.htm

Business - Briefly

New Chief Executive for DBS Cholamandalam

CHENNAI: DBS Cholamandalam Asset Management Limited has announced that Rajnish Narula will be the company's new Chief Executive, effective June 23. DBS Chola AML, a subsidiary of Cholamandalam DBS Finance Limited, is the investment manager of DBS Chola Mutual Fund. Mr. Narula was earlier the Chief Executive Officer of Alliance Asset Management Limited. He has over two decades of experience in banking with ANZ Grindlays Bank and Standard Chartered Bank.