AMFI Appoints Sundeep Sikka as Chairman and Vishal Kapoor as Vice Chairman

The Association of Mutual Funds in India (AMFI) has ushered in a fresh leadership era following its 30th Annual General Meeting. Sundeep Sikka, Executive Director and CEO of Nippon Life India Asset Management, has been elected as chairman, while Vishal Kapoor, CEO of Bandhan Asset Management, will serve as vice chairman. 

Their appointment comes at a pivotal point for the mutual fund industry, which has surpassed ₹75 lakh crore in assets under management (AUM) and is now catering to over 5.6 crore investors across the country.

Leadership Vision for the Industry 

Sikka, who earlier served as AMFI chairman between 2013 and 2015 and has been on the board since 2009, highlighted his focus on expanding the reach of mutual funds and enhancing trust in the system. 

As per news reports, Sikka said upon taking charge, “Our priority will be to expand the reach of mutual funds across geographies, strengthen investor confidence through transparency and trust, and work closely with SEBI and policymakers to advance financial inclusion. As an industry body, we aspire to make mutual funds not just a preferred investment option but a nationwide movement for long-term wealth creation. In doing so, we are committed to contributing meaningfully to the vision of a Viksit Bharat, by enabling every Indian to participate in and benefit from the country’s growth story,”.

Kapoor’s Focus on Inclusion and Awareness

Vishal Kapoor, who has been on the AMFI board and chaired the ARN Committee since 2020, echoed the goal of making mutual funds accessible to a broader audience. 

“In recent years, mutual funds have emerged as the preferred vehicle for disciplined savings and financial empowerment. Going forward, we will focus on simplifying access, enhancing investor awareness at the grassroots, and enabling first-time investors to confidently participate in India’s growth story,” he stated, as per news reports.

Read More: Former Finance Secretary Ajay Seth Appointed as IRDAI Chairman Effective September 2025!

Conclusion

With Sundeep Sikka and Vishal Kapoor at the helm, AMFI is entering a transformative phase. As the mutual fund industry expands both in scale and reach, their combined focus on transparency, inclusion, and investor education is set to strengthen the foundation for its next chapter of growth, making mutual funds central to India’s financial empowerment journey.

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