Bharti AXA Investment Managers, today announced the appointment of Mr. Arun Prasad as its Head - Sales & Business Development. Prasad has over 17 years of experience in financial services industry having worked with reputed firms like Franklin Templeton Asset Management, MetLife Insurance and MasterCard.

He joins Bharti AXA Investment Managers from Fidelity Asset Management where he worked for over 4 years in charge of All India Sales for institutional and private banking segments. He started his career with asset management in the year 1998 with Franklin Templeton Asset Management as Senior Sales Manager and worked for over 3 years.

Speaking on the appointment, Sandeep Dasgupta, Chief Executive Officer (CEO) of Bharti AXA Investment Managers, said, Arun is an inspiring leader and has been credited with building strong teams and client relationships. The organization will benefit immensely with his wealth of experience and strategic thinking.

Notes to Editor

AXA Investment Managers

AXA Investment Managers is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is headquartered in France and is managing over $ 516 billion of assets worldwide as on December 31, 2010. AXA IM has over 2,400 employees in 23 countries As a multi-expert, AXA IM capitalises on the sharp specialisation, significant capacities, global reach and strong track record of its asset class-focussed areas of expertises: AXA Fixed Income, AXA Framlington, AXA Rosenberg, AXA Funds of Hedge Funds, AXA Private Equity, AXA Real Estate and AXA Structured Finance. (Source: AXA IM, December 2010)

For more information, please visit www.axa-im.com (Source: AXA IM)

Bharti Ventures

Bharti Enterprises is one of Indias leading business groups with interests in telecom, agri business, financial services, and retail. Bharti has been a pioneering force in the telecom sector with many firsts and innovations to its credit. Bharti Airtel, a group company, is a leading emerging markets telecommunications service provder with operations in 18 countries across Asia and Africa. Beetel Teletech is the countrys largest manufacturer and exporter of telephone terminals. Bharti has a joint venture -FieldFresh Foods with Del Monte Pacific, to offer fresh and processed fruits and vegetables in the domestic as well as international markets. Bharti has joint ventures with AXA, world leader in financial protection and wealth management, for Life Insurance, General Insurance and Asset Management. Bharti is pesent in the retail business under a company called Bharti Retail that runs retail stores in multiple formats under the easyday brand. Bharti also has a joint venture - Bharti Wal-Mart - with Wal-Mart for wholesale cash-and-carry and back-end supply chain management operations in India. Bharti Walmart runs cash & carry stores under the Best Price Modern Wholesale brand. The groups philanthropic arm, Bharti Foundation, has set up village schools to provide free quality education to nearly 30,000 underprivileged children. (Source: Bharti Ventures)