Temasek's India head Kejriwal steps down to start new fund

SINGAPORE, Sept 30 | Thu Sep 29, 2011 8:46pm EDT

SINGAPORE, Sept 30 (Reuters) - Singapore state investor Temasek Holdings said on Friday that its India head, Manish Kejriwal, has decided to step down to explore creating a new fund in India, the latest in a series of changes in the investment firm's management.

Rohit Sipahimalani will take over from Kejriwal as the head of Temasek India, the company's spokesman Stephen Forshaw said.

In the last few months, a number of senior executives in the company have moved to funds linked to the state investor or have left the company. (Reporting by Saeed Azhar; Editing by Matt Driskill)

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