Anil Chaturvedi was one of the bankers leading the panel for the recent convention of AECAL, or the Asian E-commerce Alliance. In the convention’s official website, it is shown that Chaturvedi was joining with AECAL’s Founding Partner, Dominik Gyllensvard and H.E.M. Selva Nail, the Consultant General of India, to push for the advocacy of AECAL today. Chaturvedi is the Managing Director of Hinduja Bank in Switzerland and with his help, he is able to push for more economic prosperity, opportunities and reforms in Asia’s business sectors.
The hope of AECAL is in building a balanced Asian economy. Chaturvedi supports AECAL’s vision in diversity as well as support for the small-scale businesses in Asia that are participating in the competition against the big leagues. For instance, in India’s start-up scene, AECAL is happy to report that Amazon has already built a lot of logistics centers in the country to help with the country’s goals in eCommerce.
India is also pushing ventures in retail. With networks in the United States, Chaturvedi supports AECAL’s ventures to spread more jobs in multiple cities and regions in Asia. The good thing about AECAL, too, is that it wants to value those business start-ups with the simplest business models. Simplicity is beauty and less volatile. It is less prone to hidden risks. This is why simple business programs are a priority in both AECAL and Chaturvedi’s advocacy for the economy.
Chaturvedi also addressed in the convention the issue of unorganized retail structure. The modern economic system has indeed posed a lot of issues and challenged a lot of economic structures in Asia. The lack of access to competition and better market knowledge in India’s farmers is also another concern for AECAL that Chaturvedi addressed in the panel.
Chaturvedi is currently the salutary Managing Director of Hinduja Bank-Switzerland’s Private Banking Division. With education from Delhi School of Economics, Chaturvedi has built a consistently impressive reputation from his four-decade banking roles in State Bank of India and Merrill Lynch. He also gathered a lot of extensive work experience from working at the ANZ Grindlays Bank’s investment programs.