Business Daily from THE HINDU group of publications Tuesday, Jul 22, 2008 ePaper | Mobile/PDA Version | Audio |
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Markets
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Financial Services Our Bureau New Delhi, July 21 Edelweiss Capital on Monday announced the appointment of Mr Siby Antony as Executive Vice-President and head of the distressed assets business of Edelweiss Alternate Asset Advisors (EAAA), which is its alternative investments arm. Prior to joining Edelweiss, Mr Anthony was Executive Director at IDBI Bank. He was looking after the Stressed Assets Stabilisation Fund of the Indian Government. He was also Chairman of the Empowered Group of the Corporate Debt Restructuring mechanism instituted by the Reserve Bank of India. A Masters in Economics, Mr Anthony has over 38 years of experience in project financing and distressed asset management including monitoring and recovery. “At Edelweiss, we look at distressed assets as major business opportunity. We are very happy that a professional with the experience of Siby Anthony has decided to head the business,” Mr Rashesh Shah, Chairman and Managing Director, Edelweiss Capital, said. More Stories on : Financial Services | People
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