AVATI Solutions

Advisory Board

Mr. Dev Raman has 27+ years of experience with domestic and foreign financial institutions. He held director-level positions in the investment banking businesses at Credit Suisse and HSBC where he achieved significant growth in terms of revenue and market share for the businesses. As an investment banker and an institutional broker, he has successfully raised more than USD 1 billion for Indian corporates. Dev turned an entrepreneur in 2004 as the Founder and CIO of Tricolor Advisory Services, advisor to a India-dedicated hedge fund (AUM - USD 190 million) and also advised Fortress Investment Group, a global Hedge Fund (AUM - USD 20 billion) on its India investments. In 2006, Tricolor India Fund was nominated as the best performing India hedge fund by Eureka hedge. As Managing Partner at Lastaki since 2009, Dev has successfully advised multiple M&A transactions and raised over USD 75 million of capital. He has also been an advisor on corporate strategy, Financial Management, Business strategy & acquisitions to many organisations in India and has also served as a Board member of several organizations. He has completed his Post Graduate Diploma in Business Management (MBA) from Indian Institute of Management, Ahmedabad, one of the premier management institutes worldwide. As a advisory member, he is actively involved in strategy, corporate direction and business conceptualisation.

Mr. Raghu Iyer is a seasoned and highly respected industry professional, academician and leader with 35+ years experience in financial services. He runs a successful audit and advisory organisation covering a variety of areas like management accounting, audit, tax advisory, accounting standards, IFRS 9 related services like Expected Credit Loss modelling & computation, financial instruments valuation, hedge effectiveness, derivatives accounting and international advisory services. He guides our IFRS 9 related initiatives while also providing constant guidance to the organisation on its India strategy. He is also involved with clients, providing knowledge and subject matter expertise to strategic projects. As an IFRS 9 expert (specialising in IFRS 9 particularly), he has advised more than 80+ clients consisting of leading Indian financial institutions and corporates. Mr. Iyer has also been a distinguished faculty member of top ranking B-Schools of the country like S P Jain Institute of Management & Research, Mumbai and Great Lakes Institute of Management (Chennai) for the last 25+ years covering a variety of subjects on financial management. In close association with Crisil, he conducts regular training sessions on Ind AS, Financial Instruments and Expected Credit Losses. He is a fellow of Institute of Chartered Accountants of India securing all India 4th rank in CA Final examination and all India 3rd rank in CA intermediate examination. He actively guides the organisation strategy in Indian markets and as subject matter expert, works closely in strategic consulting frameworks, intellectual property development and functional enrichment.

Mr. Gurpreet Singh Gurpreet Singh has over 20 years of experience in consulting, products, strategy, sales and distribution primarily in the area of risk management for Banking, Wealth management and Asset management industry. He has worked on setting up & managing third party investment desks for banks and wealth management companies, conceptualizing products, setting up wealth management function, worked with Business Intelligence teams, managing teams at Asset management companies. He has been part of core committees in the companies /Banks worked for in past. Gurpreet is a known name in the Indian financial services Industry & widely networked. He is Principal Consultant to Financial Distribution Industry's trade body, FIAI. He has worked with Institutions such as ABN AMRO bank, Dresdner bank, ICICI Prudential AMC, EFG Wealth and Mirae Asset Global Investment India in past. Gurpreet is an MBA, CFA (India), CFP by qualifications.