SBI Funds Management Ltd, a joint venture between the State Bank of India (SBI) and Europe's largest asset manager Amundi, announced the appointment of Nand Kishore as its Managing Director and Chief Executive Officer.

Kishore is taking over the charge from Shamsher Singh, SBI Funds Management said in a statement.

Prior to his current deputation, Kishore served as Deputy Managing Director (Global Markets) at SBI's Corporate Centre in Mumbai, where he oversaw the bank's treasury operations.