Mr. U. K. Sinha

Mr. U. K. Sinha served as the Chairman and Managing Director at UTI Asset Management Company Pvt Ltd. Mr. Sinha was also employed since 2005 at UTI Mutual Fund as its Head. Prior to this, he was the Joint Secretary in Department of Economic Affairs at Ministry of Finance and looked after capital markets, external commercial borrowings, pension reforms, and foreign exchange management functions from June 2002 to October 2005. Mr. Sinha was responsible for drafting the SEBI (Amendment) Act, 2002, UTI (Repeal) Act, 2002, the Securities Law Amendment Act, 2004, and the PFRDA Bill 2005. He was the Joint Secretary in the banking division of the Ministry of Finance dealing with the financial institutions. Mr. Sinha started as a Probationary Officer at the State Bank of India, where he remained for three years. He was the Managing Director at the State Credit and Investment Corporation at Patna. Mr. Sinha has deep experience in Indian capital markets and was responsible for several measures such as initiating demutualization and corporatization of stock exchanges and modifications in different regulations related to IPOs, take-overs, Mutual Funds, etc. Mr. Sinha has been the Chairman of Securities and Exchange Board of India since February 2011. He served as a Director of UTI Ventures. He served as a Director of IFCI Ltd and Central Bank of India. Mr. Sinha was a Director of SIDBI, Bank of Baroda, and the Pension Funds Regulatory & Development Authority. He was the Chairman of Association of Mutual Funds in India since September 28, 2010. Mr. Sinha was selected for the Indian Administrative Service in 1976. He holds a M.Sc. and LLB degree.