Prakash Pancholia Email and Phone Number
Prakash Pancholia personal email
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Experienced Operations professional with Management experience, leading the Mutual Fund and Investment Operations in the GCC. Prior experience with a renowned U.S. based Global Custodian. More recently, General Management experience with a U.A.E based SME.• Six years Operations experience in the Asset Management department with Daman Investments PSC, Dubai, managing U.A.E / GCC Mutual Funds and Discretionary Portfolios dealing in multi asset classes.• Five years experience working in the Global Custody Operations department of Mellon Financial (now Bank of New York Mellon), Greater Boston Area, U.S.A.• Recipient of the Employee of the Year Award (Asset Servicing) – Mellon Financial, U.S.A.• Invited to participate in Mellon COO's Monthly Roundtable discussions and Corporate Diversity Council.• Management experience in combining international and GCC custody and settlements practices for Mutual Fund and Investment Operations.• In-depth knowledge of Corporate Actions, Income Payments and Tax Reclaims in GCC / Global Markets. • Ability to work independently in a fast paced deadline driven environment and ensure that policies and procedures are challenged to meet dynamic business requirements.
Kays Worldwide Logistics
View- Website:
- kayslog.com
- Employees:
- 7
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General ManagerKays Worldwide Logistics Dec 2011 - PresentUnited Arab EmiratesKays Logistics is based at the Dubai Cargo Village, one of the most prominent & busiest freight centers in the world. They specialize in very niche Aerospace, Dangerous goods and Events logistics and transportation.• Reporting directly to the CEO with responsibility of overall Management and leading a team of ten.• Manage relationships with clients across the GCC and drive business growth.• Create a Corporate Strategy to improve top line sales, profitability and expense… Show more Kays Logistics is based at the Dubai Cargo Village, one of the most prominent & busiest freight centers in the world. They specialize in very niche Aerospace, Dangerous goods and Events logistics and transportation.• Reporting directly to the CEO with responsibility of overall Management and leading a team of ten.• Manage relationships with clients across the GCC and drive business growth.• Create a Corporate Strategy to improve top line sales, profitability and expense reductions.• Increased Profitability by 25% from an existing Top Tier client by renegotiating the service agreement. • Build long term relationships across U.A.E Regulatory Authorities and influence future developments.• Streamline different areas of the organization to manage Operational risk and increase efficiency.• Initiate Training and Individual Development programs for Department Managers. Show less -
Assistant Manager, Fund Operations - Asset Management DivisionDaman Investments Psc Jul 2007 - Nov 2011DubaiDaman Investments is a leading financial institution with AUM of $1.4 billion (as of 2010) and offers Asset Management, Brokerage, Private Equity and other Investment Banking services to retailers, high net worth individuals, and institutional clients.• Managed the Fund Administration, Custody, Corporate Actions, Pricing and Valuation function with a team of two, handling 5 Mutual funds and 60 Discretionary portfolios dealing in Equities, Fixed Income and Derivatives.• Team… Show more Daman Investments is a leading financial institution with AUM of $1.4 billion (as of 2010) and offers Asset Management, Brokerage, Private Equity and other Investment Banking services to retailers, high net worth individuals, and institutional clients.• Managed the Fund Administration, Custody, Corporate Actions, Pricing and Valuation function with a team of two, handling 5 Mutual funds and 60 Discretionary portfolios dealing in Equities, Fixed Income and Derivatives.• Team Responsibilities included Account Openings, Collection of Documents, Complying with KYC and AML policies, Trade Capture, Reporting Daily NAV’s, Perform Securities/Cash Reconciliations, Sending Customer Statements, Managing Subscriptions / Redemption's and Client query management.• Assisted Fund Manager in preparing the Monthly Fund Fact Sheets, Market Research Reports, Fund Performance Press Releases, and Portfolio Performance Presentations. • Assisted Sales Team with RFP’s, New Client Acquisition Strategy and on boarding new clients.• Directly involved in the launch of Funds and provided operational and regulatory feedback on the Prospectus.• Coordinated with external Auditors and U.A.E Regulators to facilitate the Fund launch.• Successfully implemented a process for tracking ongoing Corporate Actions and Dividend Income across the GCC, which significantly decreased related losses. • Prepared procedures to comply with Anti-Money Laundering, KYC and risk management policies.• Contributed to special projects in order to setup up new businesses in upcoming regional exchanges. Show less
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Custody And Settlements SupervisorDaman Investments Psc Dec 2005 - Jun 2007United Arab Emirates• Responsible for setting up the Group Custody function for the Asset Management and Local Brokerage Team, which lead to streamlined operations and increased accountability.• Involved in setup of Fund Administration software and development of system enhancements.• Coordinated with overseas Fund Administrator on fund related activity to facilitate NAV finalization's.
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Global Asset Servicing OfficerMellon Financial (Now Bny Mellon) Jan 2005 - Aug 2005United StatesMellon is America's leading Fortune 500 financial institution with AUM of $4.7 trillion (as of 2005) and offers Asset Management, Custody and Administration Services to institutions and high net worth individuals. • Co-led team of 15 direct reports responsible for Euroclear and Clearstream Corporate Actions and Income payments.• Co-led team to work on large complex corporate action e.g. 2005 Argentina Brady Bond Exchange Offer.• Coordinated with Securities Lending team to… Show more Mellon is America's leading Fortune 500 financial institution with AUM of $4.7 trillion (as of 2005) and offers Asset Management, Custody and Administration Services to institutions and high net worth individuals. • Co-led team of 15 direct reports responsible for Euroclear and Clearstream Corporate Actions and Income payments.• Co-led team to work on large complex corporate action e.g. 2005 Argentina Brady Bond Exchange Offer.• Coordinated with Securities Lending team to ensure that their positions are accounted for accurately.• Performed risk management to enhance quality control measures for the team.• Reviewed internal and external risks audits and discussed the outcome with Specialists/Analysts.• Evaluated and critiqued services provided by sub-custodians, necessitating improvements as required. Show less -
Global Asset Servicing Control AnalystMellon Financial (Now Bny Mellon) Aug 2003 - Dec 2004United States• Managed Specialists on the team responsible for publishing Corporate Actions and Income Processing across global markets and ensuring that their tasks are completed in compliance with the procedures.• Recipient of 2003 Employee of Year Award (Asset Servicing) and Premier Achievement Award, August 2003.• Provided strategic feedback on merging two teams, which led to increased productivity from existing staff resources and expense reduction. -
Senior Global Corporate Actions SpecialistMellon Financial (Now Bny Mellon) Mar 2002 - Jul 2003United States• Analyzed and published voluntary and mandatory Corporate Actions announced in assigned markets (Euroclear, Clearstream, France, Italy, Belgium, Spain and Mexico).• Recipient of Premier Achievement Award, December 2002.• Integral part of the team working on the 2003 Lafarge DRIP and Rights issue (French Equity). -
Global Corporate Actions SpecialistMellon Financial (Now Bny Mellon) Dec 2000 - Feb 2002United States -
Summer Intern - Asset Based Lending DepartmentFleet Capital Corp. (Now Bank Of America Business Capital) Jun 2000 - Aug 2000Greater Boston Area, United States
Prakash Pancholia Skills
Prakash Pancholia Education Details
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Finance
Frequently Asked Questions about Prakash Pancholia
What company does Prakash Pancholia work for?
Prakash Pancholia works for Kays Worldwide Logistics
What is Prakash Pancholia's role at the current company?
Prakash Pancholia's current role is Experienced Financial Services Operations Professional specializing in Wealth Management and Custody Services..
What is Prakash Pancholia's email address?
Prakash Pancholia's email address is pp****@****ail.com
What schools did Prakash Pancholia attend?
Prakash Pancholia attended Bentley University.
What skills is Prakash Pancholia known for?
Prakash Pancholia has skills like Corporate Actions, Equities, Financial Services, Securities, Asset Management, Portfolio Management, Mutual Funds, Investment Banking, Capital Markets, Operations Management, Strategy, Derivatives.
Who are Prakash Pancholia's colleagues?
Prakash Pancholia's colleagues are Shawn Dsouza, Vishnu Kk, Gopal Chandrasen, Dharmendra Kumar, Poomalai R, Anas Khan, Jason Fernandes.
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