SBI Funds Management has appointed RS Srinivas Jain as Joint Chief Executive Officer and Key Managerial Personnel, effective from October 13, 2026. The Board of Directors approved this appointment based on the recommendation of the Nomination and Remuneration Committee during a board meeting that commenced at 6:54 pm and concluded at 7:15 pm on October 13, 2026.
RS Srinivas Jain brings over 34 years of experience in the BFSI sector, with 27 years specifically in the mutual fund industry. He has been associated with the company since May 7, 2001, accumulating more than 25 years of internal tenure. Prior to this elevation, he served as Executive President, overseeing Strategy, Digital & Technology, Marketing, and Investor Relations. His academic background includes a bachelor's degree in commerce from Vijaya Evening College, Bangalore University, and he holds NISM certification for mutual fund distributors and completed management development programmes at XLRI Jamshedpur and ISB.
The appointment expands SBI Funds Management's senior leadership structure alongside existing Managing Director and CEO Debasish Mishra. The updated Key Managerial Personnel list includes: Debasish Mishra (Managing Director and Chief Executive Officer), Denys Charles Jean Marie Fougeroux De Campigneulles (Executive Director and Deputy Chief Executive Officer), R.S. Srinivas Jain (Joint Chief Executive Officer), Amol Joshi (Chief Financial Officer), and Vinaya Datar (Chief Compliance Officer, Company Secretary and Head Legal). The company disclosed this updated list for regulatory disclosures and materiality determinations.
The appointment of a Joint CEO with strong background in digital strategy and technology signals a potential focus on digital transformation within the asset management operations. Jain's previous role as Chief of Strategy, Digital & Technology suggests his new mandate may involve integrating technological advancements with broader business growth strategies. This leadership expansion is expected to enhance the company's digital capabilities and competitive positioning in the evolving mutual fund market.
