Sumeet Vaid joins Prudential ICICI AMC as vice-president

Mumbai: Sumeet Vaid has been appointed vice-president (retail sales and distribution) at Prudential ICICI Asset Management Company.

Prudential ICICI is the largest private sector mutual fund company in India with over Rs 10,100 crore of assets under management as of February 2003.

Prior to this, Vaid was vice-president and head (north zone), PruICICI. Vaid is responsible for managing the retail distribution and channel partners as well as the retail team of PruICICI. He began his career with Prudential ICICI in 1995, in sales and distribution.

Vaid has to his credit successful development and cultivation of ‘Agency Force,’ a unique distribution channel that encompasses selling PruICICI products through individual financial advisors and distribution.

Vaid is a graduate of Fore School Management (1995) and brings with him rich experience in distribution and sales. Prior to Fore, he completed his bachelor’s degree in personnel management and Industrial relations from Delhi College Of Arts and Commerce.