BBF CONNECTS' JAPAN Delegation Booklet.pdfApr 12, 1992 · Navneet joined SBI Funds Management as Chief Investment Officer in December 2008. He has over 25 years of rich experience

JAPANBBF CONNECTS'

Introduction of the IndianCapital Market Delegation

th st20 - 21 January 2020, Japan

2020nd2 India Investment Opportunity

BOMBAY STOCK EXCHANGE BROKERS' FORUM (BBF)GLOBAL CONNECTS

JAPAN

Securities and Exchange Board of India (SEBI)

Delegate Profile

Achal Singh

Achal Singh is General Manager in Securities and Exchange Board of India (SEBI) where

he heads the Division of Foreign Portfolio Investors (FPI) & Custodians for past more

than 4 years. He has after consultation with stakeholders worked in bringing out a new

regulations and detailed operational guidelines for FPIs in 2019. He has also worked in

association with Government of India and Reserve Bank of India in formulating policies

pertaining to FPIs.

Mr. Singh has experience of more than two decades of service in various offices of SEBI

looking after registration, inspection and investigations of financial intermediaries operating

in Indian capital market.

Organization Overview

The Securities and Exchange Board of India (SEBI) is the Regulator for the Securities market

in India established by Parliament of India on April 12, 1992 in accordance with the provisions

The Preamble of the SEBI Act, 1992 describes the basic functions of the SEBI as

“...to protect the interests of investors in securities and to promote the development of, and

to regulate the securities market and for matters connected therewith or incidental thereto”

of the Securities and Exchange Board of India Act, 1992.


JAPAN

Invest India : National Investment Promotion & Facilitation Agency

Delegate Profile

Prerna Soni

Prerna is the Senior Assistant Vice President in Invest India, the National Investment

Promotion and Facilitation Agency of India where she heads the Infrastructure team as

well as a special team setup for the Financial Investors Initiative which attracts

institutional investors like Sovereign Wealth Funds, Pension Funds and Private Equity to

invest in India. She holds a decade of experience in Financial Services including

Infrastructure Financing and Treasury.

She has previously worked at General Electric’s Corporate Treasury. Her experience

includes managing structured financial transactions for GE including acquisitions &

divestitures over $ 600billion, restructurings, structure and subsidiary optimization and

global liquidity and investment management.

Company Overview

Invest India is the National Investment Promotion & Facilitation Agency setup under the

aegis of the Department for Promotion of Industry and Internal Trade, Ministry of

Commerce and Industry, Government of India. Invest India focuses on sector-specific

investor targeting and development of new partnerships to enable sustainable

investments in India. Invest India also actively works with several Indian states to build

capacity as well as bring in global best practices in investment targeting, promotion and

facilitation areas. Invest India was set up in 2009 as a non-profit venture.

Possible topics of discussion with Invest India

1. Overview - history and way forward for institutional investments in India

2. Reforms initiated by Government of India for ease of doing business

3. Infrastructure and real estate investment opportunities in India

4. Make in India manufacturing schemes and incentives

5. Any other topic of interest


JAPAN

India International Exchange (IFSC) Limited (INDIA INX)

V. Bala

V. Bala is the founding Managing Director and Chief Executive Officer of India

International Exchange IFSC Ltd (India INX).

Prior to this, he was the Chief Business Officer of BSE heading the business development

encompassing all business segments viz. Equities, Equity Derivatives, Debt, Interest

Rate Futures, Currency Derivatives, Mutual Fund Distribution platform and SME

platform.

He has over 25 years of experience in the Capital Markets industry and has previously

worked with Reliance Group as Vice President and was also as co-founder of

Marketplace Technologies Limited which was acquired by BSE. He was also part of the

core team involved in setting up the National Stock Exchange of India.

Company Overview

India International Exchange (IFSC) Limited (INDIA INX) is India's first and leading

international exchange set up in the International Financial Services Centre (IFSC)

located at the Gujarat International Finance Tec-City (GIFT City).

The exchange offiers a first of its kind single segment approach for all asset classes -

equities, commodities, currencies, fixed income securities providing significant cost

advantages to participants.

The Exchange provides competitive advantage in terms of tax structure and supportive

regulatory framework that is comparable with any other global financial centres. These

include waiver of several taxes like security transaction tax, commodity transaction tax,

dividend distribution tax, capital gains tax and Goods and Service Tax (GST).

Possible topics of discussion with BSE INX

1. About International Financial Services Centre (IFSC) in India

2. Legal and regulatory environment at IFSC

3. Product Offiering(s) and Tax Benefits for operations in GIFT-City


Delegate Profile


JAPAN

SBI Mutual Fund (JV of SBI and Amundi Asset Management)

Delegate Profile

Navneet Munot

Navneet joined SBI Funds Management as Chief Investment Officer in December 2008.

He has over 25 years of rich experience in Financial Markets. In his role, Navneet is

responsible for overseeing investments worth over USD 100 billion across various asset

classes in mutual fund and segregated accounts. In his previous assignment, he was the

Executive Director & Head - multi -strategy boutique with Morgan Stanley Investment

Management.

Prior to joining Morgan Stanley Investment Management, he has worked as Chief

Investment Officer - Fixed Income and Hybrid Funds at Birla Sun Life Mutual Fund and

worked in various areas such as fixed income, equities and foreign exchange.

Navneet is the Chairman of Indian Association of Investment Professional (India society

of CFA charter holders with over 2000 members) and Nominee Director on the board of

SBI PENSION FUNDS (P) LTD.

Possible topics of discussion with SBI MF

1. Indian Economy and its growth prospects

2. Overview of Mutual Fund and Asset Management Industry in India



JAPAN

Stock Holding Corporation of India Ltd (StockHolding)

Delegate Profile

R. Anand

R. Anand is the Head of the Custodian Business at StockHolding, the largest Custodian in

India. He has an overall experience of more than 25 years in the Capital Markets.

He regularly interacts with top level officials of large Institutions, Regulatory and

Government officials. He is also a regular speaker at International conferences on

matters relating to securities market.

Vineet Potnis

Vineet is the Business Head for Custody & Securities Services at Stock Holding

Corporation of India (StockHolding).

He has over 25 years of experience in the Indian Capital Markets and has worked

extensively in the fields of Institutional Sales, Retail Financial Services, Mutual Funds

and Depository business. He has strong capabilities in Business & Product Development

and is well connected with large institutions and top regulatory and government officials.

He was a nominee Director on StockHolding’s broking subsidiary, SHCIL Services

Limited. Most recently, he has been appointed on the Bullion Product Advisory

Committee of MCX, India’s leading Commodity Derivatives Exchange.


JAPAN

Stock Holding Corporation of India Ltd (StockHolding)

Delegate Profile

Vinay E Purohit

Vinay is the Managing Director & Chief Executive Officer of StockHolding Securities IFSC

Limited, a StockHolding group company offering broking and clearing services and

"Provider" services to investors at International Financial Services Centre (IFSC) at GIFT

City, India.

He is a Chartered Accountant with over 25 years of experience in Capital Markets. In his

earlier roles, he has been the Head of Business & Products for Custody business and has

also headed the Treasury functions at StockHolding. He has expertise in strategic

functions of Finance, Marketing and Sales, Treasury, Retail Business, System

Development and Market Advocacy.

Company Overview

StockHolding Corporation of India Limited (StockHolding) is India's premier award- winning securities services provider/custodian, headquartered at Mumbai, India. StockHolding is India’s largest custodian by assets and volumes with a market share of over 22% and assets under custody of over USD 535 billion. As a licensed Designated Depository Participant and Custodian, StockHolding provides registration and Custodial services to Foreign Portfolio Investors and all segments of Institutional Investors.

StockHolding is the only custodian in India to offer seamless on-boarding to its investors in the onshore markets and the offshore market of India i.e GIFT IFSC at GIFT City Gandhinagar, Gujarat,India. At Gift City, StockHolding offers regulator approved Segregated Nominee Account Structure to its end client (akin to omnibus structure).

Possible topics of discussion with StockHolding

1. Ease of on-boarding into domestic markets and the offshore jurisdiction at GIFT City

2. Recent amendments, Investor requirements and Custodian service offerings

3. About GIFT IFSC - Market and opportunities for investors, On-boarding, Segregated

Nominee Account Structure, broking, clearing and settlement, remittances and ease

of withdrawal



JAPAN

Motilal Oswal Financial Services (MOFSL)

Delegate Profile

Gaurav Jain

Gaurav is Sr. Group Vice President - Institutional Equity Sales at Motilal Oswal. He has

over 12 years of experience in equity markets and has spearheaded Motilal's efforts in

new markets like South Korea and Australia apart from leading the Asia team in existing

geographies like Hong Kong, Singapore & Taiwan.

Prior to Motilal Oswal, Gaurav was Director - Institutional Equity Sales at B&K Securities

India where again he spearheaded successful investor conferences year after year thus

creating a strong network of associates.

Company Overview

Motilal Oswal Financial Services (MOFSL) is one of India's leading financial services firm listed on Indian Bourses. Headquartered in Mumbai, MOFSL has a network spread over 550 cities and towns comprising 2500+ Business Locations and 1,000,000+ customers.

Founded in 1987, MOFSL business interest are standing on 4 formidable pillars viz,(a) Capital market businesses (retail broking, institutional broking, investment banking), (b) Asset based businesses (asset management, private equity, wealth management), (c) Housing finance, (d) Fund based investments.

Research is the solid foundation on which MOFSL advice is based. The research team currently comprises 45+ analysts covering over 250 companies in 25+ sectors and commodities.

Possible topics of discussion with MOFSL

1. Attractiveness of Indian Equity Market including its structure, Key market

participants and avenues of investment.

2. Direct investment opportunities in Listed Equity Space

3. Recent Economic Reforms and its implication for Equity Investment in India

4. Overview of the research, advisory and wealth management services offered by

MOFSL



JAPAN

SMC Global Securities Limited

Delegate Profile

Ajay Garg

Ajay is the Director & Chief Executive Officer of SMC Global Securities Ltd. He is a Chartered Accountant with a wide and rich experience of over 22 years in Securities, Commodities & Currency markets and stronghold into the intricacies of the capital market he heads the core businesses of Broking & Clearing services at SMC. He is responsible for business development, risk management, technological up-gradation, brand building and marketing activities of the entire Group.

Ajay has been awarded ET's Most Promising Business Leader of Asia - 2019 at The Economic Times - Asian Business Leaders Conclave, Singapore which is a testament to his leadership skills and futuristic approach. His dedication to improving SMC’s offerings also got him recognition as the Entrepreneur of the Year - Innovation in Financial Services during the Entrepreneur India Awards 2015 by Franchise India.

Company Overview

Established in 1990, SMC is India’s leading & award-winning financial services company offering brokerage services across the asset classes of equities, commodities and currency, investment banking, wealth management, distribution of third party financial products viz. IPOs, mutual funds, bonds & FDs, research-based advisory, financing, depository services, insurance broking (life & non-life), institutional broking, clearing services, mortgage advisory and real estate advisory services to its million clients comprising institutions, HNIs, retail clients, NRIs and FPIs through its 3000+ employees and 2500 offices spread across 500+ cities in India and overseas office in Dubai, UAE.

SMC is a pioneer in the field of Algo and High Frequency Trading (HFT). They have a world-class cutting edge infrastructure to support the biggest of HFT clients. They are co-located in all the major exchanges like NSE, BSE, MCX, DGCX, India INX & NSE IFSC which helps them to provide one of the lowest latencies in the market.

Possible topics of discussion with SMC

1. Investment opportunities on the stock market, under FPI route

2. Algo and Low Latency trading solutions - HFT

3. Research Advisory, wealth management and Investment banking solutions provided

by SMC group



JAPAN

Bombay Stock Exchange Brokers' Forum (BBF) Team

ChairmanUttam Bagri

Vice-ChairmanHemant Majethia

Chief Coordinator |International Division

Anurag Bansal

Associate Director |International Division

Ujwal Damani

The Bombay Stock Exchange Brokers' Forum (BBF) is a not-for-profit association of intermediaries of Indian Capital

Market. With more than 850 members pan India, BBF is recognized by the Government/ Regulator/ Exchanges as an

apex body of the Indian Securities firms.

BBF advocates stable, competitive and efficient Indian capital markets that are necessary to support the region’s

economic growth. Our initiatives include consultations with regulators and exchanges, advocacy for enhanced

markets through policy papers, Seminars/Workshops for members, international investment conference summits,

sessions on Investor Education and Awareness for graduate students and monthly Capital Market and Lifestyle

Magazine

Possible topics of discussion with BBF delegation

1. Setting up intermediary operations in India and taking stakes in existing business(es)

2. Expanding business operations in India

3. Any other topic of interest in India


JAPAN

For opportunities of one-to-one meeting withIndian delegates on 20th and 21st January 2020,

please contactMia Kawazu (Ms.) : [email protected]

Documents

BBF CONNECTS' JAPAN Delegation Booklet.pdfApr 12, 1992 · Navneet joined SBI Funds Management as Chief Investment Officer in December 2008. He has over 25 years of rich experience