New York and Mumbai – March 16, 2015 – General Atlantic (“GA”), a leading global growth equity firm, announced today that it has appointed Abhijit Sen as an advisor. Mr. Sen, a senior executive with significant experience in the financial services industry, will work closely with General Atlantic’s global investment team to provide broad strategic support for the firm’s investments in the financial services sectors in emerging markets.
As CFO of Citi for the India Subcontinent for 18 years, Mr. Sen led Citi’s corporate finance function in India, providing oversight to its strategic planning, controllership, tax and corporate treasury groups, as well as the company’s finance operations in Bangladesh and Sri Lanka. In this role, he focused on financial reporting, policy formulation, risk assessment and financial planning around new business initiatives. Mr. Sen was a member of all key strategic management committees of Citi’s India franchise and served as chairman of the board of the company’s centers of excellence in India, where he gained significant corporate governance experience. Mr. Sen also served on the boards of NSDL Limited and Grameen Finance India.
Sandeep Naik, a managing director of General Atlantic and head of its India and South East Asia team said, “We are excited to have Abhijit join GA in this advisory role. He brings nearly two decades of experience in finance, franchise building, risk management and corporate governance, which provide him a unique perspective that will serve the firm and our portfolio companies well. We expect that Abhijit’s extensive knowledge of financial services in India and South East Asia will provide strong support to our ongoing efforts in the region.”
Mr. Sen said, “I’m impressed with GA’s focus on identifying remarkable growth companies. The firm’s track record in India speaks for itself and I look forward to collaborating with the GA team to build upon the firm’s successes.”
General Atlantic's global team is dedicated to identifying attractive high growth companies and providing capital and strategic support to build market leaders. Mr. Sen joins GA’s growing team of advisors, which comprises senior executives with industry and operational expertise in key focus areas for GA and its portfolio companies.
The firm’s recent investments in India include CitiusTech, And Designs India, Mu Sigma and IndusInd Bank. Recent global investments in the financial services sector include Adyen, OptionsHouse, Santander Asset Management, Hyperion Insurance Group and XP Investimentos.
About General Atlantic
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. General Atlantic combines a collaborative global approach, sector specific expertise, long-term investment horizon and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide. Established in 1980, General Atlantic has approximately $21 billion in assets under management and more than 100 investment professionals based in New York, Greenwich, Palo Alto, Sao Paulo, London, Munich, Amsterdam, Beijing, Hong Kong, Mumbai and Singapore.