Nilesh Shah parts ways with ICICI pru

Nilesh Shah, the star fund manager and deputy managing director at ICICI Prudential AMC, has quit the mutual fund house, ending his six-year association with the company.

Confirming the development, Shah said that he has not yet decided where to go and is going on leave. “It was a tough decision but I want some time to relax,” he said. “As of now I am not joining any place and will keep my options open across the financial sector.”