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Fixed income head of ABN AMRO India fund quits

Fri May 16, 2008 3:39pm IST
 
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MUMBAI, May 16 (Reuters) - ABN AMRO Asset Management's head of fixed income Mahhendra Jajoo has quit the company, a top executive said on Friday.

"He has resigned," Chief Executive Nikhil Johri said. "We are going to shortly announce the replacement," he added.

Jajoo, who served various units of ABN AMRO for nearly a decade, refused to give details of his next job.

At least nine of India's 33 operational fund firms have seen senior-level employees quit in the last one year as more than 20 new players scramble for scarce talent in a booming domestic asset management industry. (Reporting by Nishant Kumar; editing by Ramya Venugopal)

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