Friday, December 12, 2008

ING India fund unit investment director quits

ING Group's Indian mutual fund unit director for research and investment Paras Adenwala has left the Dutch money manager after more than three years of service.
"Yesterday was my last day," Adenwala told Reuters on Friday, adding he was yet to take a decision on his next job.
"I am weighing options. First I am taking some kind of sabbatical and may be after sometime we will decide where to join," he said.
Adenwala, who has nearly two decades of experience in the financial services sector, joined the firm in mid-2005 as chief investment officer for equity funds.
Previously, he worked with a fund venture of India's Aditya Birla Group and Canadian insurer Sun Life Financial.

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