UTI Asset Management Company on July 29, 2021 said it is elevating Vetri Subramaniam as its Chief Investment Officer and Ajay Tyagi as the Head of Equity for its mutual fund operations. These appointments will be effective from August 1, 2021. Subramaniam will oversee the equity, fixed income, research and dealing functions of the company. Vetri joined UTI AMC as Head of Equity in January 2017 and has led the function with much success since then. Tyagi will take over as the Head of Equity in the company. Tyagi joined UTI AMC in May 2000 as a management trainee and analyst and now manages UTI's large equity scheme as a Fund Manager and has a strong track record.