GREX appoints Abhijit Agashe as Executive Director and Sameer Gupta as CFO

The quantum of experience and expertise Sameer and Abhijit bring from their respective fields will further help us streamline processes and also develop a unique one stop information platform for the entire ecosystem.

Mar 19, 2016 06:03 IST India Infoline News Service

GREX Alternative Investments Market (GREX), a seamlessly integrated exchange-like platform, has announced the appointment of two new leaders Abhijit Agashe as Executive Director and Sameer Gupta as Chief Financial Officer (CFO).

Abhijit Agashe, a Senior Corporate Banker with around 20 years of experience, has worked across functions encompassing Business and Product Development, Risk Management, Transaction Banking etc. Prior to joining GREX, he was with DBS as a part of Senior Management team of banks India’s operations for over five years, heading all businesses for the banks Pune region. He has also worked with Standard Chartered Bank apart from dabbling in IT during his early career stints in firms like Cognizant, iFlex, Mindtree etc. He joins GREX, as Executive Director and would be part of the senior management team leading the Banking and Institutional Engagements.

“Banking in today's times is focused on large asset backed lending for large corporates. While a very large segment is completely starved of bank financing or innovative solutions, the same is the situation for start-ups who find it difficult to gather equity capital. GREX is working on very innovative and interesting solution on these. As a banker, I find this very exciting and important for industry to grow especially when the government is also motivating industry through Make in India, Start-Up India and Stand Up India programmes. I am very excited in joining GREX as a result,” said Abhijit Agashe on his appointment.

Sameer Gupta was previously associated with Bahwan CyberTek Group in Muscat, Oman as a Vice President. Prior to that, he was CEO of a UK based company. Sameer has also been CFO of HCL Infosolutions (later merged in to HCL Infosystems). A Chartered Accountant with experience spanning over 28 years across boundaries, his expertise includes managing organisations, business development and financial operations.

Commenting on his appointment Sameer Gupta said, “I am excited to join GREX at a point where the start-up ecosystem in India seems to be on its peak. The present need of the industry is to streamline the financial aspect for long term sustainability. I am looking forward to work with the team here which is creating a unique platform for start-ups and SMEs.”

Commenting on these new additions to the team, Manish Kumar, CEO, GREX, said “Our constant effort at GREX is to develop innovative financial services and at the same time refresh the experience of regular capital market. The quantum of experience and expertise Sameer and Abhijit bring from their respective fields will further help us streamline processes and also develop a unique one stop information platform for the entire ecosystem.”

“It is a moment of pride to see such diversified talent being associated to create a positive difference”, he further added.

Related Story