SBI Funds Management has announced that Devinder Pal Singh will cease to be Joint Chief Executive Officer and Key Managerial Personnel (KMP) effective August 31, 2026. The departure is consequent to his attaining the age of superannuation.

Leadership transition at SBI Funds Management

The company filed an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming the change in key managerial personnel. Mr. Singh will cease to hold these positions with effect from the closure of business hours on August 31, 2026.

The filing also disclosed the revised list of KMPs for the company effective from the same date. The current leadership structure includes Mr. Debasish Mishra as Managing Director and CEO, Mr. Denys Charles Jean Marie Fougeroux De Campigneulles as Executive Director and Deputy CEO, Mr. Inderjeet Ghuliani as CFO, and Ms. Vinaya Datar as Chief Compliance Officer, Company Secretary and Head Legal.

No successor for the Joint CEO role was named in the regulatory filing.

SBI Funds Management has scheduled an analyst and investor meeting for September 2, 2026. The event aims to provide updates to stakeholders on the company’s performance and strategic outlook.

This disclosure comes shortly after the firm’s board approved a change in designation for senior management personnel Mr. Rajat Grover during its meeting held on August 20, 2026.

Event Details

The meeting is part of the "Ashwamedh - Elara India Dialogue 2026" conference. It will be conducted as an in-person event in Mumbai, featuring both one-on-one and group interactions with analysts and institutional investors.

The schedule is subject to change due to exigencies on the part of investors, analysts, or the company. No unpublished price-sensitive information will be shared during the sessions.

Recent Management Changes

The Board of Directors designated Mr. Grover as Chief People & Sustainability Officer (CPSO). He previously served as Chief Human Resources Officer and Head Corporate Social Responsibility.

Key Details

• Effective date of the designation change is August 20, 2026.
• Mr. Grover continues as Senior Management Personnel (SMP) in the company.
• The move adds oversight of sustainability to his existing responsibilities.

This intimation was issued pursuant to Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The investor presentation has already been hosted on the company’s website.