Joining of Co-Chairman (Mar '10)
Unitus Capital announces ex-Morgan Stanley exec Narayan Ramachandran joins as Co-Chairman
Strategic addition to leadership team bring deep expertise in finance, emerging market investing and philanthropic services to expand financial service offerings to microfinance institutions and social enterprises.
BANGALORE, INDIA - March 24, 2010 - Unitus Capital, a financial services firm specializing in arranging capital for microfinance institutions and social enterprises, is very pleased to announce the addition of Narayan Ramachandran to its leadership team. Mr. Ramachandran will join the Unitus Capital Board of Directors and serve as Co-Chairman along with Geoffrey Woolley.
Unitus Capital has already established itself as a market leader in delivering capital markets solutions to the Indian microfinance industry. In line with the Company’s growth strategy, Mr. Ramachandran will lead the Company’s expansion into new product and service areas to benefit the underprivileged in Asia-Pacific.
“We are very fortunate to have Narayan join Unitus Capital as Co-Chairman, given his incredible global emerging markets experience,” adds Eric Savage, President of Unitus Capital. “Not only has Narayan played a leading role in developing the capital markets for emerging economies around the world, but he has also been active in social impact investing for many years. We have already benefited from his strategic advice in refining Unitus Capital’s strategy.”
Mr. Ramachandran has been actively involved as an investor in Emerging Markets for over 20 years. Mr. Ramachandran recently stepped down as Chief Executive Officer and Country Head of Morgan Stanley India. Previously, Mr. Ramachandran held senior global positions with Morgan Stanley Investment Management, notably as Head of Morgan Stanley’s Global Emerging Markets and Asset Allocation businesses. Mr. Ramachandran has a keen interest in using market-based mechanisms to alleviate poverty, in areas such as micro-finance, social venture capital, micro-insurance and affordable housing. Mr. Ramachandran, a Chartered Financial Analyst, received a BTech from the Indian Institute of Technology, Bombay and an M.B.A. from the University of Michigan.
About Unitus Capital
Unitus Capital is a financial services firm specializing in arranging capital for social enterprises benefiting those at the bottom of the economic pyramid. With operations in Bangalore, Hong Kong, London and Sydney, Unitus Capital delivers a range of financial advisory and capital market services principally to clients in Asia.
