Anand Shah, Deputy Chief Executive Officer and Head-Investments at BNP Paribas Mutual Fund, has resigned from the fund house, sources told Moneycontrol.

"Anand Shah has quit the fund house from Oct 5 (2019)," a source said.

However, the fund house refrained from confirming Shah's move.

Shah with over 17 years of experience had joined BNP Paribas Asset Management in March 2011. He was responsible for managing the investment team and the performance of all onshore portfolios managed and offshore mandates sub-advised by the business.

As Deputy CEO, he handled the sales team along with his investment management responsibilities.

Prior to joining BNP Paribas AMC, Shah was Head of Equities at Canara Robeco Asset Management. He had also worked as co-Head of Equities at ICICI Prudential Mutual Fund and as Vice-President at Kotak Mutual Fund. Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.

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