In a strategic move to continue its robust growth trajectory, Aditya Birla Sun Life Asset Management Company (ABSL AMC) has reappointed A. Balasubramanian as its Managing Director and Chief Executive Officer for a subsequent three-year term, effective July 25.

Under Balasubramanian's stewardship, ABSL AMC has witnessed a commendable increase in its assets under management (AUM). The AUM surged by 23%, reaching an impressive Rs 3.32 lakh crore in the financial year 2024, up from Rs 2.69 lakh crore in FY21. This substantial growth underscores the company’s strong market position and Balasubramanian's effective leadership.

With an illustrious career spanning over three decades, Balasubramanian has been an integral part of ABSL AMC since 1995. Prior to his appointment as CEO in 2009, he played a pivotal role as the Chief Investment Officer from 2006 to 2009. His academic credentials are equally notable, having completed Advanced Management Programs at the Indian Institute of Management (IIM) Bangalore and Harvard Business School. Furthermore, he holds a Bachelor’s degree in Science (Mathematics) and a Master’s degree in Business Administration from GlobalNxt University.

Aditya Birla Sun Life AMC, co-owned by Aditya Birla Capital and Sun Life (India) AMC Investments Inc., manages a diverse array of investment strategies. These include portfolio management services, real estate investments, and alternative investment funds, catering to a wide spectrum of investor needs.

The reappointment of Balasubramanian is expected to bolster the company’s strategic initiatives and drive further growth in the coming years, reinforcing its leadership in the asset management industry.