Aditya Birla Sun Life AMC Ltd. has announced significant leadership developments, including the appointment of Mr. Sushil Agarwal as an Additional Director. Additionally, the company has confirmed the re-appointment of two veteran Independent Directors, Mr. Sunder Rajan Raman and Mr. Ramesh Abhishek, for second terms. These changes, approved by the Board on May 19, 2026, reflect the company’s commitment to strengthening its strategic governance and leadership framework.
Strengthening the Board of Directors
The company has appointed Mr. Sushil Agarwal as an Additional Director (Non-Executive) effective May 20, 2026. Mr. Agarwal currently serves as the Chief Financial Officer of the Aditya Birla Group and brings over 37 years of extensive experience in strategic initiatives, M&A, and corporate governance. He holds a qualification as a Chartered Accountant and a Master’s Degree in Commerce, and currently serves on the boards of several prominent group companies including Hindalco Industries and Grasim Industries.
Re-appointment of Independent Directors
As part of its long-term governance strategy, the board has approved the re-appointment of two distinguished Independent Directors for second terms of five consecutive years. Both terms will commence on January 1, 2027, and continue until December 31, 2031.
Mr. Sunder Rajan Raman
Mr. Raman brings deep expertise in investment banking, finance, and capital markets. His previous leadership roles include serving as the Chairman and Managing Director of Canara Bank and Executive Director of Union Bank of India. His reappointment also includes the continuation of his directorship post-attaining the age of 75 years.
Mr. Ramesh Abhishek
A retired IAS officer of the 1982 batch, Mr. Abhishek offers over four decades of experience in public policy, regulatory reform, and investment promotion. Formerly the Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), he played a pivotal role in national initiatives such as ‘Make in India’ and ‘Startup India’.
Source: BSE
