Mumbai, October 21, 2016: Orbis Financial Corporation Ltd, India’s leading player in the Securities Services Industry, today announced the appointment of industry veteran Rajesh M Sharma as its Chief Executive Officer.
Prior to joining Orbis, Rajesh had over 23 years of experience across capital markets and securities services. Most recently, Rajesh was an Executive Director at Standard Chartered Bank for Transaction Banking, and was also heading the Securities Services & Corporate Agency & Trust for India & South Asia.
As a part of the on-going leadership strengthening exercise and gearing up for future growth, Orbis has also appointed Manoj Agrawal, who comes from Deutsche Bank, as its Chief Operating Officer. Manoj comes with nearly 20 years of Capital Market experience with the requisite domain expertise.
Orbis had very recently revamped their Board with the induction of Mr. Shachindra Nath, former Religare CEO and Mr. Michael Jaeggi, former MD, Clearstream Banking (Deutsche Börse Group) as independent directors. With these changes, Mr. Atul Gupta, Founder of Orbis will be taking up the role of Executive Chairman guiding the Company into its next phase of growth.
Speaking on the appointment, Mr. Atul Gupta, Founder and Executive Chairman said, “We are excited to welcome Rajesh & Manoj to the leadership team. Their rich and diverse experience adds immensely to our business and governance framework, further strengthening Orbis as an institution.”
About Orbis Financial
Orbis currently provides Custody, Fund accounting, Derivatives Clearing and Escrow services to the Foreign and Domestic Institutional Investors including Portfolio Managers, Alternative Investment Funds etc. Orbis has plans to expand its product suits to include Trade execution capabilities through another group entity and Custodian Banking as and when the Regulations for Custodian Banking gets released.