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UTI MF identifies Rahman as interim chief if Puri doesn't get extension

The Bombay High Court on Thursday admitted a writ petition by T Rowe Price and set the next hearing for Monday -- the day Puri's five-year term comes to an end

Leo Puri, MD, UTI Mutual Fund
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Leo Puri, Managing Director, UTI Mutual Fund

Jash KriplaniSamie Modak Mumbai
UTI MF has identified Imtaiyazur Rahman to take over as the interim chief if current managing director Leo Puri doesn’t get an extension, said two people with direct knowledge of the development. Rahman is currently working at UTI MF in the capacity of chief financial officer and is responsible for global operations. 

UTI MF couldn't be reached immediately. “We have no comment on the report about Mr. Rahman,” said a T Rowe Price spokesperson. 

Meanwhile, the Bombay High Court on Thursday admitted a writ petition by T Rowe Price, seeking an extension of Puri and set the next hearing for