BOI and AXA IM Official Personnel


BOI AXA Investment Managers Private Limited is a joint venture between Bank of India and AXA Investment Managers, a part of AXA Group, one of the world’s largest players in the Financial Protection industry.

Bank of India has over 5100 branches across India. Presently Bank of India has an overseas presence in 22 countries spread over 5 continents  with 60 offices including 5 Subsidiaries, 5 Representative Offices and 1 Joint Venture. (source:

AXA Investment Managers (AXA IM) is one of the world's leading asset managers, backed by the strength of the AXA Group with assets under management (AUM) of EUR 896 billion as on 31/03/2021. AXA IM employs over 762 employees that operate across 19 countries in Europe, the Americas, Asia and the Middle East (as at 31/03/2021). (source:

On May 7, 2012, Bank of India (BOI) acquired a 51% stake in the then Bharti AXA Investment Managers Private Limited (BAIM) and Bharti AXA Trustee Services Private Limited (BATS). Consequent to this change in JV Partnership, BOI became a Co-Sponsor along with existing Sponsor, AXA Investment Managers ("AXA IM") and the Fund was renamed as BOI AXA Mutual Fund, and BAIM was renamed as BOI AXA Investment Managers Private Limited, and BATS was re-named as BOI AXA Trustee Services Private Limited.

The partnership brings together Bank of India’s massive network and experience in the Indian market and AXA’s global expertise in financial management.

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Joint Venture Partners

Bank of India

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.

Beginning with one office in Mumbai, with a paid-up capital of Rs.50 lakh and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international operations. In business volume, the Bank occupies a premier position among the nationalized banks.

The Bank has over 5100 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 54 Zonal Offices and 8 NBG Offices. There are 60 branches/ offices and 5 Subsidiaries and 1 joint venture abroad.

The Bank came out with its maiden public issue in 1997 and follow on Qualified Institutions Placement in February 2008.

While firmly adhering to a policy of prudence and caution, the Bank has been in the forefront of introducing various innovative services and systems. Business has been conducted with the successful blend of traditional values and ethics and the most modern infrastructure. The Bank has been the first among the nationalised banks to establish a fully computerised branch and ATM facility at the Mahalaxmi Branch at Mumbai way back in 1989. The Bank is also a Founder Member of SWIFT in India. It pioneered the introduction of the Health Code System in 1982, for evaluating/ rating its credit portfolio.

Presently, the Bank has overseas presence in 22 foreign countries spread over 5 continents – with 60 offices including 5 Subsidiaries, 5 Representative Offices and 1 Joint Venture, at key banking and financial centres viz., Tokyo, Singapore, Hong Kong, London, Jersey, Paris and New York


AXA Investment Managers (AXA IM) is one of the world's leading asset managers, backed by the strength of the AXA Group with assets under management (AUM) of EUR 896 billion as on 31/03/2021.

Founded in 1994, AXA IM is an active asset manager fully owned and backed by the AXA Group, a world leader in financial protection. AXA IM provides both local and global investment solutions for a wide variety of clients, ranging from the AXA Group and its insurance companies, to institutional investors - pension funds, insurance companies, corporates, non-profits, family offices and sovereign wealth funds - and distributors - both wholesale and retail.

AXA IM employs over 762 employees that operate across 19 countries in Europe, the Americas, Asia and the Middle East (as at 31/03/2021).

Mr. Girish Kumar Singh

Mr. Girish Kumar Singh has been associated with Bank of India for over 32 years. He is a post graduate in Agriculture. During his banking career, Mr. Singh has worked in various capacities with good exposure in Agriculture, Administration at Branches and Zonal offices. Mr. Singh was posted as Zonal Manager in Raigad Zone for one year and thereafter as Zonal Manager Mumbai North Zone for over three years. His international banking exposure was at Paris for more than 4 years. He was elevated as General Manager of the Bank on May 13, 2020 and is presently heading Resource Mobilisation, Customer Excellence, Wealth Management, Marketing, Publicity & PR etc. departments at Bank of India’s Head Office.

Mr. Bruno Guilloton

Mr. Bruno Guilloton is CEO of AXA IM - Asia Pacific, and has been a shareholder representative for AXA IM's joint ventures in Asia for more than a decade. An expert at fund management, he joined AXA Investment Managers, Paris in 1999 as Head of Equities. Later, he became the Chief Executive Officer of AXA Investment Managers, Tokyo and led the merger between AXA Rosenberg, Japan and AXA Investment Managers. Mr. Guilloton left Asia in 2005 and became Global Head of Internal Audit, a position that he held till recently. Prior to joining AXA Investment Managers, Mr. Guilloton was Head of Equity Fund Management at Credit Mutual Finance for 5 years. He previously worked for 10 years with Banque Indosuez as a Financial Analyst and Portfolio Manager, before being appointed Joint Head of Equity Management in France at Indosuez Asset Management.

Mr. S C Kalia

Mr. S C Kalia has been a career Banker for nearly four decades. A Gold medalist Post Graduate in Political Science, Mr. Kalia joined Bank of Baroda in 1973 and worked in several capacities up to the level of General Manager in Bank of Baroda till 2008 when he was appointed as Executive Director of Vijaya Bank by Government of India. Mr. Kalia also served as Executive Director of Union Bank of India till his superannuation in 2011. Mr. Kalia has been member of various committee constituted by Government of India, Reserve Bank of India (RBI) & Indian Bank Association. He has rich Corporate Governance experience having served on Boards of various Banks and committee (including that of Domestic & Overseas subsidiaries of Bank of Baroda) & other institutions. Having served in London and Mauritius and having carried out Home office inspections in various overseas jurisdiction in Bank of Baroda, Mr. Kaila also has rich international experience. Post retirement, Mr. Kalia has served as member of the committee constituted by Reserve Bank of India on Priority Sector Lending and Advisor & Head Debt Markets Cell constituted by DFS, Ministry of Finance, Government of India under the aegis of IIFCL. He has also been associated with Corporates, NBFCs as Advisor in financial service sector space. Mr. Kalia was a Senior Strategic Advisor at Yes Bank since April 3, 2018 till March 05, 2020. He was also a member of Empowered Committee on External Commercial Borrowings constituted by RBI and Member of Banking and Finance Committee of Indian Merchant Chamber, Mumbai.

Mr. Ganesan Rajamani

Mr. Ganesan Rajamani was associated with Bank of India (BOI) for more than 39 years. He has over 15 years of experience in Treasury and has also worked in Tokyo for 4 years as Head-Treasury. He has held several distinguished positions during his career with BOI and has effectively discharged his responsibilities in various facets of Treasury Function - Forex, Equity, Derivatives and Fixed Income segments. During his tenure with Bank of India, he held directorships of 6 associate companies of BOI. He was an advisor at Vijaya Bank and Bank of Baroda, during the Financial Year 2018-19 and at Canara Bank during the Financial Year 2019-20.

Mr. Ashok K Pathak

Mr. Ashok Kumar Pathak started his career with Bank of India in May, 1992 and over a span of 28 years has held several distinguished positions during his career with Bank of India. In various capacities, he has effectively discharged his responsibilities as Branch Head, Zonal Head, NBG Head. Mr. Pathak has worked as Credit Head at BOI Nairobi from 2001-2008. Mr. Pathak believes in hard work and has always set high standards of commitment in each of his endeavors. He holds M.Sc. (Chemistry) from Gorakhpur University. Before joining Bank of India he has worked as Junior Research Fellow (CSIR) Applied Science Department of Institute of Engineering & Technology, Lucknow. Presently, Mr. Pathak is General Manager - Human Resources Department of Bank of India.

Mr. A K Bhargava

Mr. A K Bhargava has been associated with the Punjab National Bank (PNB) since 1965 till 2003, when he retired as General Manager. In his 38 years of tenure he headed various Bank departments such as Credit, Treasury, Management Advisory and Services Division, Priority Sector and Lead Bank Division, IT Division. He also headed various Zones and exceptionally large branches of the bank. Mr. Bhargava was a Member/Chairman of various committees constituted by PNB, Reserve Bank of India (RBI), Indian Banks Association (IBA), etc. Mr. Bhargava is a Law Graduate & a Certified Associate of the India Institute of Bankers.

Mr. Himanshu Joshi

Mr. Himanshu Joshi has more than 35 years of rich experience in banking sector. Mr. Joshi is a graduate in Commerce with CAIIB and Diploma in Treasury & Risk Management. In his last assignment, Mr. Joshi held the position of Executive Director of Oriental Bank of Commerce from August 2016 to October 2018.

Mr. Joshi started his career in 1981 as a Management Trainee in Punjab National Bank. During his long career spanning over 34 years with Punjab National Bank, he worked in various capacities at Branches and Circle Offices of the Bank. On his elevation as General Manager in 2013, he was assigned the responsibility of Field General Manager of Bhopal. During his tenure, FGMO Bhopal was one of the top performing FGMO in Punjab National Bank and he was the first in the entire banking industry to introduce Rupay Personalized Debit Card in Hindi.

Thereafter, he was assigned with portfolio of Treasury Division at Mumbai in May 2015. At the time of his relieving from Punjab National Bank, he was the Chief Compliance Officer of the Bank.

Mr. Ram Krishna Sinha

Mr. Sinha joined Bank of India as a Direct Recruit Officer on completing his post-graduation in Physics with distinction. He served the Bank for over three decades, across key verticals of retail, credit, international, BPR, and Learning & Development. He also worked through different key roles in Nairobi, Kenya, in his foreign stint, and as In-charge Communications, working closely with McKinsey & Co., as part of the reorganizational change management initiative of his Bank. As General Manager- Learning & Development, and Business Process Re-engineering, in the Bank’s Corporate Office, he brought about novel changes in the arena of learning, training and business processes.

Mr. Sinha has authored a motivational book “X-Factor @ Workplace” published by Tata McGraw Hill, and is invested in management education/programs and competency mapping as a visiting faculty to management institutes, and as an Expert in Interview Committees in leading banks and financial institutions. He is also a Principal Advisor/Consultant, on Banking and Education, to National Productivity Council.

He writes extensively in newspapers and digital media of repute on the contemporary issues of Banking, HR, Strategic Planning and Corporate Leadership. He is an Opinion Columnist for the CEOWORLD magazine.


Mr. Anthony Heredia
Chief Executive Officer

Anthony, a Commerce graduate and a Chartered Accountant, brings with him a rich and varied career of over 25 years, predominantly in the Investment Management Business within Financial Services. His last assignment was with Baroda Asset Management as Chief Executive Officer. His previous work experiences include tenures with Morgan Stanley Investment Management as Managing Director, HSBC Asset Management India as Senior Vice President and Birla Sun Life Asset Management as Associate Vice President - Business Development. He also served as a Director on the Board of the Association of Mutual Funds of India (AMFI).

Mr. Alok Singh
Chief Investment Officer

Alok is a Post Graduate in Business Administration from ICFAI Business School and a CFA with over 20 years of experience in Fund Management. He has a wealth of experience and impressive track record in fund management both for resident as well as for overseas investors. As part of his previous employer BNP Paribas Mutual Fund, Alok has won numerous awards for stellar fund performance during his career span. Alok heads the overall Equity & Fixed Income Investment Operations for BOI AXA Investment Managers as Chief Investment Officer.

Ms. Beena More
Vice President and Head of Human Resources

Beena is a Science Graduate and a certified Human Resource professional with over 20 years of diverse experience in financial services and other versatile businesses. Beena joined BOI AXA IM in June 2006. Prior to which she was associated with Royal Sundaram General Insurance, MSC Shipping, Godrej & Boyce Mfg. Co. Pvt. Ltd and Bhimrajka Impex Group maneuvering multi-dimensional role and responsibilities. Beena leads the entire spectrum of Human Resource function for BOI AXA Investment Managers as Vice- President and Head of Human Resources.

Mr. Chandrasekaran N
Head – Operations, Customer Services & Information Technology

Chandrasekaran is a commerce graduate with CA (Inter) and has 30 years’ experience with 23 years exclusive experience in Mutual Fund industry. He was earlier associated with UTI Infrastructure Technology and Services Ltd, and ICICI Prudential Asset Management in various capacities. Chandrasekaran heads the Operations, Customer Service and Information Technology in BOI AXA Investment Managers.

Mr. Harish Kumar
Company Secretary & Compliance Officer

Harish is a Commerce and Law Graduate and Company Secretary with over 15 years of experience in Company Secretarial function, Compliances, Regulatory affairs and Legal. Prior joining to BOI AXA, Harish was Sr. Vice President & Company Secretary with National Commodity and Derivatives Exchange Limited (NCDEX), Mumbai. His previous stints includes YES Bank Limited, Financial Technologies (India) Ltd., Bombay Stock Exchange (BSE) and TDI Infrastructure Ltd. Harish is Company Secretary and Compliance Officer at BOI AXA Investment Managers.



Organizational Structure