Saurabh Jain has reigned from Sachin Bansal-backed Navi Mutual Fund as managing director and chief executive officer, effective 28 February.

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Jain, who took over as MD & CEO of Navi Mutual Fund in February last year, believed in reducing the cost of investments for investors with the help of technology, in line with the fund house’s mission.

He had served as the chief of staff to Sachin Bansal from April 2020 to February 2021. Before moving to Navi, Jain worked as assistant vice president – business projects at Swiggy.