ICICI Prudential AMC Appoints Nimesh Shah As MD And CEO

The board of ICICI Prudential Asset Management Co. Ltd. announced the appointment of Nimesh Shah as Managing Director and CEO, effective 26 July 2007. Mr. Shah was Senior General Manager at ICICI Bank and has over 14 years experience in banking and financial services in the ICICI Group, including project finance, wholesale banking and international banking. He led ICICI Bank's foray into the Middle-Eastern region, where it has established itself in a range of areas including private banking, NRI services, remittances and wholesale banking. Since 2006, he has been responsible for overseeing of the Africa region in addition to the Middle-East.