Business Wire India | 10 Jul, 2017
TPG, the global alternative asset firm, today announced it has appointed Ajay Kanwal and Naveen Chopra as Senior Advisors to the firm. Kanwal, who most recently served as Regional Chief Executive for ASEAN and South Asia at Standard Chartered Bank, will advise the firm on its financial services portfolio. Chopra, who most recently served as Chief Operating Officer at Vodafone India, will advise the firmâs consumer and other related lines of business.
âAt TPG, we are committed to building strong executive networks, in key sectors, to provide our deal teams and portfolio companies with the best counsel and support possible,â said Puneet Bhatia, Managing Director and Country Head for TPG in India. âAjay and Naveen are established leaders in their respective fields, and each brings valuable operational skills and strategic insights to TPG. We are pleased to have them on board.â
Chopra brings to TPG nearly 30 years of experience in the telecom and consumer space. Throughout his more than 12-year tenure at Vodafone, Chopra helped transform the company into an integrated communications leader, playing an instrumental role in establishing its presence in the B2B space. Prior to his role as COO, he had also been the CMO of the company and headed operations for its key telecom licenses in India. Naveen continues to work with Vodafone on some critical ongoing projects till their completion. Prior to joining Vodafone, Chopra spent 16 years at Britannia Industries, a premier food products corporation in Bangalore. He had extensive and varied roles in sales and marketing, and was eventually the Head of Marketing of the company.
âIn addition to its dedicated sector expertise, TPG is known for its ongoing commitment to long term partnerships and business building,â said Chopra. âI look forward to joining the firm in this commitment, and working closely with current and future portfolio companies.â
Kanwal began his career at Citibank and has 27 years of experience across the banking sector in both consumer and commercial banking. He held a variety of leadership positions throughout his 24-year long tenure at Standard Chartered Bank, including Regional CEO of Northeast Asia, CEO of Taiwan, and Regional Head of Consumer Banking for Southeast Asia. In these positions, Kanwal implemented numerous strategic growth initiatives and built and managed teams across many geographies.
âTPGâs financial services portfolio is composed of exciting companies that are finding creative ways to solve some of the most pressing challenges that face consumers and businesses today,â said Kanwal. âI am very pleased to join the TPG network as a Senior Advisor and look forward to collaborating with the firmâs leadership team and its growing portfolio.â
Chopra and Kanwal join TPGâs deep and growing global network of investors, operations professionals, advisors, companies, and entrepreneurs.
TPG is a leading global alternative asset firm founded in 1992 with more than $73 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPGâs investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com.
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