Anil Chaturvedi: The Banker to Consult on India

These days investors are seriously looking to India for growth. Developed markets of the European Union and elsewhere are delivering annual returns in the 3% range. At the same time, India has consistently been delivering double-digit returns. With 400 to 500 million middle-class consumers, India’s GDP is anticipated to grow at no less than 7% for years to come.

Many foreign investors see that type of opportunity as something irresistible. However, Anil Chaturvedi, a managing director at Hinduja Bank advises that they look before they leap. Mr. Chaturvedi came to Geneva, Switzerland to help lead the bank as it has begun navigating the global investment waters more fully. One of Hinduja’s primary businesses is locating opportunities in growth markets for their clients. These days India is one of the first places that comes to mind. Thus, the bank has been facilitating many deals in several sectors of the Indian economy. In industries from transportation to food storage, foreign investment capital is eager to be put to work in the South Asian country.

Mr. Chaturvedi is a uniquely qualified man to lead investors into India. First of all, he is Indian. He grew up in the country and schooled there as well. He holds a bachelor’s degree in economics from Meerut University and an MBA from Delhi School of Economics at Delhi University. Furthermore, he has worked in the banking Industry there. He began his career at the State Bank of India. So, he has an understanding of the business culture in his native country, which is no doubt useful.

To round out his resume, Mr. Chaturvedi has also had years of experience working for some of the largest financial institutions in the United States as well. He has worked for ANZ Grindlays Bank in New York, where he became head of their operations in North America. Then he later went on to work for one of the largest wealth management firms in the World, Merrill Lynch. During his time at Merrill, Anil Chaturvedi was responsible for more than $1 billion in private wealth assets.

https://hitechchronicle.com/2018/06/fintech-and-disruption-of-banking-industry-anil-chaturvedi/