Organization and management pattern of uti, Financial Management

Organization and Management Pattern of UTI

UTI has a full-time Chairman with an Executive Trustee reporting to him. The Executive Trustee looks after the Corporate Office, Zonal Offices and Branch Offices. Mutual Funds are managed through various well organized and staffed departments viz.,

  • Business Development and Marketing Department which formulates market schemes and manages the network of branches and agents;
  • Operations and Vigilance Department which divides the scheme-wise responsibilities of branches, organizes the computer network for investor services, issues certificates and repurchases units;
  • Investment Department which makes investments in short-term and long-term debt securities;
  • Market Operations Department which invests in equity shares, convertible securities and engages in secondary market operations;
  • International Department which looks after the offshore funds; and
  • Support Departments like Accounts, Research and Planning, Personnel and Administration, etc.

 

Posted Date: 9/11/2012 1:15:55 AM | Location : United States







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