UTI AMC announces new MD and CEO, Vetri Subramaniam

UTI Asset Management Company Limited announced that imtaiyazur rahman will step down as managing director and chief executive officer on January 31, 2026, as part of a long-term strategic plan. He will transition to a non-executive role as strategic advisor to the incoming CEO until June 12, 2026.

The board has approved the appointment of vetri subramaniam, currently chief investment officer, as the next MD and CEO, effective February 1, 2026, for a term until January 31, 2031. Subramaniam has been with UTI AMC since 2017 and assumed the CIO role in August 2021, chairing the UTI Management Committee since April 2024.

Under rahman's leadership since 2018, UTI AMC successfully listed on stock exchanges on October 12, 2020. The company's market capitalization has increased to more than INR 18,000 crore, and the UTI Group’s AUM grew seven-fold to INR 21.93 lakh crore in 2025 from INR 3.99 lakh crore in 2019.