J.P. Morgan Appoints Nandkumar Surti as Managing Director and Chief Executive Officer of JPMorgan Asset Management India Private Limited

J P Morgan Asset ManagementJ P Morgan Asset Management

Mumbai, Maharashtra, December 2, 2011 /India PRwire/ -- J.P. Morgan Asset Management today announced the appointment of Nandkumar Surti as Managing Director and Chief Executive Officer of JPMorgan Asset Management India Private Limited. Mr. Surti will be responsible for managing all aspects of the asset management business in India. Mr. Surti joined the firm in 2006 and was most recently the Chief Investment Officer. He replaces Christopher Spelman in his new role, who will return to Hong Kong in the New Year.

Notes to Editor

J.P. Morgan Asset Management is the brand name of J.P. Morgan Chase & Co's asset management companies. J.P. Morgan Asset Management is a global asset management leader providing world-class investment solutions to clients. With US$1.3 trillion* in assets under management (as at 30 September 2011) and offices in 41 locations around the world, J.P. Morgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes.

JPMorgan Asset Management India Private Limited is the Indian arm of J.P. Morgan Asset Management. It commenced its mutual fund business in India in April 2007, initially establishing its head office in Mumbai and subsequently opening satellite offices in Delhi, Kolkata, Chennai, Ahmedabad, Pune and Bengaluru. The firm distributes its funds through a network of banks, independent financial advisers and national distributors and currently has caters to investors in 141 cities across the country

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