UTI Mutual Fund has announced the appointment of Peshotan Dastoor as Group President and Head of Sales. Dastoor will be responsible for developing UTI's sales strategy, providing leadership to the sales team and exploring new opportunities for distribution and growth. Dastoor is a veteran in the Mutual Fund Industry. Before joining UTI AMC he successfully led the Sales of Retail and Institutional Business of Franklin Templeton Asset Management India Pvt. Ltd. Prior to that, he has spent 12 years in various positions in Private Banking Group at ING Bank and also served the Institutional Sales business at ING Investment Management India Pvt. Ltd. as its head.
Both at Franklin Templeton and ING Investment Management, Mr. Dastoor played a pivotal role in design and launch of a slew of innovative packaged investment solutions for its clients.