Union Mutual Fund Appoints Rajkamal Tiwari as Interim CEO

Union Mutual Fund is a company that helps people save and grow their money by investing it.

Companies like this need leaders to make important decisions about how to handle money.

The person who was in charge, Madhukumar Nair, is leaving.

So the company chose a new temporary boss named Rajkamal Tiwari.

He will start in his new role on Tuesday.

Tiwari already worked at the company, so he knows it very well.

He had big jobs there, like looking after the money and how the company runs every day.

He has worked in finance for more than 26 years.

The company says it will keep helping people save money honestly and carefully.

As of July, it was managing about ₹28,540 crore for its customers, which is a very large amount of money.