NEW DELHI: ICICI Prudential Asset Management Company Managing Director and Chief Executive Nimesh Shah has been elected as the chairperson of industry body Amfi, senior officials said. Shah has replaced A Balasubramanian, CEO of Aditya Birla Sun Life MF, who took over as Amfi chairman in 2016. Kailash Kulkarni, CEO of L&T MF, continues to be the vice chairperson of the Amfi, they added. The decision was taken at the industry body’s board meeting on Friday.