News makers:

03 Jul 2000

1

5 July 2000

Ajai Kaul to relocate to Singapore to head Alliance Cap Asia
Mumbai: Mutual fund Alliance Capital Asset Management president and country manager, India, Mr. Ajai Kaul is being relocated to Singapore. He goes there on a promotion as the regional head, looking after the Asian markets.

The relocation, which will be effective from September this year, will see Mr Kaul overseeing South East Asian regions like Singapore, Hong Kong, India, Malaysia, Indonesia, Korea, Taiwan, Australia and some West Asian countries too.

According to company sources, Mr. Kaul would continue to retain operational charge for India and no employee would be internally promoted as country manager-India.

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