Workshop for Trustees of Mutual Funds and Independent Directors of AMCs

NISM conducted the Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies on Thursday, the 29th of August, 2013. Shri U. K. Sinha, Chairman of Securities and Exchange Board of India and Board of Governors of NISM was the chief guest for the event.

Shri Sandip Ghose, Director, NISM welcomed the participants.

Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies

Shri Sandip Ghose welcoming the participants.Shri. U. K. Sinha is seated towards right

Shri U. K. Sinha delivered the inaugural address and dwelt upon the role of Trustees of Mutual Funds and Independent Directors of Asset Management Companies and the challenges faced by the Mutual Fund Industry.

Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies

Shri U. K. Sinha delivering the inaugural address at the event in Hotel Trident, Nariman Point, Mumbai

In the first technical session on “The Economic Landscape and Challenges for the Indian Mutual Fund Industry”, Shri Madan Sabnavis, Chief Economist, Care Ratings and Shri Dhirendra Kumar, CEO, Value Research addressed the participants.

Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies

Shri Dhirendra Kumar addressing participants.Shri Madan Sabnavis, Chief Economist, Care Ratings seated to right during the first session.

In the second technical session on “Investor Services and Communication”, Shri N. K. Prasad, President and CEO, CAMS and Shri V. Ganesh, CEO, Karvy Computershare apprised the participants on the subject and also explained how technology can best be put to use for the benefit of the investors.

Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies

From left: Sunder Ram Korivi, Dean - NISM introducing the panel, N. K. Prasad, President & CEO, CAMS and Shri V. Ganesh, CEO, Karvy Computershare in the second technical session

Third technical session was a panel discussion on “Discharging Fiduciary Duties” moderated by Shri H. N. Sinor, CEO, AMFI. The participants to the panel discussion were Shri Ananta Barua, Executive Director, SEBI and Ms. Monika Halan, Editor, Livemint.

Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies

The technical panel composed of Shri Ananta Barua, Executive Director, SEBI(Far Left) and Ms. Monika Halan, Editor, Livemint(Far Right) discussing “Discharging Fiduciary Duties” with Shri H. N. Sinor, CEO, AMFI (Middle) moderating the session

Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies

Shri S. Raman, Whole Time Member, SEBI made the closing remarks at the event.

Shri S. Raman Whole Time Member, SEBI summed up the discussion with his insights on the future of the Mutual Fund Industry.

Workshop for Trustees of Mutual Funds and Independent Directors of Asset Management Companies

Senior Trustees and Independent Directors of Fund Houses participating in the event

The event saw wide participation from the senior Trustees and Independent Directors of Fund Houses.

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