Donald Trump Intends To Nominate Indian-American Deven Parekh To Top Finance Agency IDFC Board

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Indian-American Deven Parekh is the managing director at software program funding agency Perception Companions


US President Donald Trump on Friday introduced his intention to appoint Indian-American Deven Parekh as a member of the Board of Administrators of the Worldwide Growth Finance Company.

The nomination of Mr Parekh, who’s the managing director at software program funding agency Perception Companions will likely be for a interval of three years.

Mr Parekh beforehand served on the Abroad Non-public Funding Company board from 2016 to 2018 and was a member of the advisory board of the USA Export-Import Financial institution from 2010 to 2012.

A number one Indian-American international enterprise capitalist, Deven Parekh acquired his BS in Economics from the Wharton College on the College of Pennsylvania.

Final month, he co-hosted a digital fund raiser for former vp Joe Biden, who’s the Democratic presidential nominee towards Donald Trump.

Mr Parekh was a significant fund raiser additionally for former President Barack Obama.

He held various positions at Berenson Minella & Firm between 1992 and 2000, together with these of principal and vp. Beforehand, from 1991 to 1992, he was a monetary analyst for the Blackstone Group.

As managing director at Perception Companions, Deven Parekh manages investments in utility software program, knowledge and client web companies globally. He has actively labored for investments in Europe, Israel, China, India, Latin America, and Russia. In India, amongst others, he has invested in BharatPe.

(Apart from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)


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