Retirement Solutions

Board of Directors

Details of Directors of UTI Retirement Solutions Limited

Mr. Imtaiyazur Rahman - Chairman and Director

Mr. Imtaiyazur Rahman is the Whole Time Director of UTI Asset Management Company Ltd. managing the business operations of the UTI Group, as Acting Chief Executive Officer.

He has been with the UTI Group since 1998 and with UTI AMC since 2003.In his role as Group President & Chief Finance Officer, he heads the functions of Finance, Accounts, Taxation, Information Technology and Board related matters of Trustee Company. He also oversees the Global operations, PMS and Private Equity functions.  

Prior to UTI, he has worked with Bells Controls Ltd., Leasing Finance India Ltd. and Sumeet Machines Ltd.

He has nearly three decades of experience in management, business leadership, leading change and forming strategic alliances.He was Acting CEO of the company during January, 2012 to August, 2013.

Mr. Rahman is on the Board of UTI International (Singapore), UTI Capital Ltd., IOT Infrastructure & Energy Services Ltd., UTI Pharma Fund, UTI India Fund ,UTI Rainbow Fund and UTI Retirement Solutions Limited.

In the past, he was a Director on the Board of Association of Mutual Funds in India (AMFI) and the Convenor of the AMFI Committee on Foreign Investment. He was also on the Investment Committee & Capital Market Committee of IMC, and National Committee on Finance of Confederation of Indian Industry(CII).

Mr. Rahman is a Science graduate, FCWA, FCS, CPA (USA) and GAMP (ISB-Kellog).

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Mr. Chetan Desai - Director

Mr. Chetan Desai is a Chartered Accountant. He retired in March 2018 as Joint Managing Partner from M/s. Haribhakti & Co. LLP, a leading CA Firm in lndia. Earlier for over 30 years he was heading the audit & assurance practice of the Firm. ln his professional experience of 43 years, he has dealt with multinationals, public sector enterprises, large corporates, sectors such as banking and finance, insurance, mutual funds, pension funds, manufacturing, services, real estate, hospitality, engineering, energy, infrastructure, pharma, health care, not for profit entities etc.

He has wide knowledge and exposure in the fields of accounting, auditing, Companies Act and related areas, corporate governance, compliance etc.

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Mr. P. H. Ravikumar - Director

Mr. Ravikumar has 45 years of Financial Sector Professional experience as top / senior management levels, 33 years of Banking experience in Bank of India (22 years) and ICICI (10 years); 5 years in NCEDX (Commodity Exchange), with Invent Assets Securitisation and Reconstruction Pvt. Ltd. (Invent ARC – under RBI regulatory regime) for nearly 4 years and just under an year as Managing Director of Capri Global Capital Limited (formerly known as Money Matters Financial Services Ltd.).

He is on the Board of UTI Retirement Solutions Limited since April 2015

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Mr. Balram P. Bhagat - CEO & Whole Time Director

He started his career in erstwhile Unit Trust of India as Staff Officer Gr “A” in March 1992. He has served UTI and UTI AMC in various capacities and has handled multiple responsibilities from time to time with main focus on marketing. He was heading Patna UFC for the period August 2004 to February 2007. He was posted to Corporate Office as Head Product Sales in 2007-08 with the core responsibility of marketing of Socially Oriented Schemes of UTI viz UTI RBPF, UTI CCP, UTI ULIP and UTI MUS. He is CEO & Whole Time Director of UTI Retirement Solutions Limited since March 2008.

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