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INDIA, July 6 PRNewswire-AsiaNet - Alliance Capital Management today announced that Ajai Kaul, CEO of Alliance Capital Asset Management India Private Limited, had been named Asia Region Head for Mutual Funds.
In his new role, Mr. Kaul will be responsible for heading Alliance Capital's retail mutual funds sales teams in Australia, Hong Kong, Singapore, Korea, and Taiwan - working closely with Alliance Capital's existing partners in these markets. Additionally, Mr. Kaul will continue to focus on developing new mutual fund business in other priority countries and will retain overall responsibility for Alliance Capital Asset Management in India.