ICICI Prudential AMC's Nimesh Shah: S Naren not leaving, attrition no concern.

• ICICI Prudential AMC MD & CEO Nimesh Shah denied rumors of CIO Sankaran Naren's retirement, stating Naren is "very much in the company" and reappointed until July 2026.
• Shah emphasized the AMC's institutional depth and 46-member equity team with joint fund managers, ensuring preparedness for leadership transitions and continuity.
• The company's internal progression system develops young professionals into fund managers, ensuring capable successors are in place for senior roles.
• While full-time employee attrition rates are 25-33% annually, attrition for Key Managerial Personnel and Senior Management remains negligible.
• Chief Risk Officer Sumit Gupta resigned on November 10, 2025, with a replacement process underway.

Why It Matters: ICICI Prudential AMC ensures leadership stability, easing investor concerns.