Jabá

History:

1) Managing Director - Evergreen Capital Advisors (Oct 2008 - )

2) Managing Director - HDFC Securities Limited (2002 to 2008)

3) Managing Director - Evergreen Broking Private Limited (2000 to 2002)

4) Head Equities - Barclays BZW (1998 to 2000)

5) Managing Director - Evergreen Broking Private Limited (1992 to 1998) Evergreen Research Private Limited

6) Director - Consolidated Transporters Private Limited (1979 to 1992)

Experience and Abilities in the Finance Sector: I promoted and ran my own broking company Evergreen Broking Private Limited catering to the institutional segment. After India opened up to foreign investment banks, I sold off my company Evergreen Broking to BZW. It had been a good run as a Gold Medalist from the Bombay Stock Exchange and as a pioneer in equity research products (Evergreen Research). Evergreen Broking was a well regarded institutional and HNI broking franchise but I felt the winds of change and moved with them. When Barclays chose me as their joint venture partner, I chose the employee format over a self owned business. The primary task was to set up a new business in India and to create buyin from different constituents onshore and at the Asia office in Hong Kong. I landed thereafter at the job of Managing Director of HDFC Securities Limited, a three way joint venture co-owned by HDFC Limited, HDFC Bank Limited and JP Morgan Chase. We turned around a loss-making company with a confused business model. Revenues moved smartly from US$ 0.86 million in FY 2002 to US$ 30 million in FY 2007-2008 and negative Profit-After-Tax from US$ -1.2 million in FY 2001-2002 to US$ 5 million Profit-After-Tax in FY 2007- 2008. We also inculcated a values-driven culture with strong emphasis on compliance, processes and risk.

Relationships: I have created a wealth of relationships and people across the spectrum of finance businesses. I have been President of the Indian Institute of Management Ahmedabad Alumni Association, Co-Chairperson of the Indian Merchant Chamber Finance Sector Committee and have served on the Securities

Industry Institute (London), Advisory Committee. I was elected to the Board of Bombay Stock Exchange in the year 2001. I am an active member of the CEO Forum and have been invited to address the CFO Forum Annual Conference. I have also been invited to speak at the Bombay Stock Exchange, the UTI Institute of
Capital Markets and the Gujarat Investment Finance Tech City. All of this have earned me a solid business profile.

Education:
1) MBA from Indian Institute of Management, Ahmedabad (1979)
2) Bachelors in Commerce from Sydenham College, University of Bombay (1977)