Saumya Basu
President & CEO
Silkoak Groups
A management and legal professional and one of the few certified FX traders in India. He has spent over a decade as pivotal part of management teams for many leading brokerages in India. A strong leader himself has in depth and hands on knowledge about all available domains of broking, insurance and mutual funds and merchant banking. Has been instrumental in setting up funding business for one of the most prominent organizations in this field, so lending business is also not an unexplored terrain for him. He has always worked with lowest of attrition and is proud to flaunt the same core team since he started his career. A well respected personality for his professionalism and strong thoughts, Mr. Basu is definitely a man of many layers.
He started his career in Asian FX giant, Performance Capital International, Singapore, and was a key component of the company’s localised strategy to promote its finance products in India. After serving them, Mr. Basu moved into the Indian brokerage world with Indiabulls, the biggest Indian broker at that time as the Head of Bullions and Commodities. He was the Head of Structured Product for Edelweiss Securities, was the National Business Head for Merchant banking player Cygnet Financials (USA) handling their India Business, worked with CD Equisearch group as the Executive Vice President before forming MC Securities Ltd
During his time at leading brokerage firms in the city, he increased the firms’ foothold in key emerging market countries including; Singapore, Malaysia, India, and the wider South East Asia region, and finally in the United Kingdom as the first Indian Stock Broker to have an European presence and FCA product catering. He was also one of the Top 50 Fund Managers , second Asian and only Indian on the London Metal Exchange Trading Volume Bourse in 2008.
In his current role, he heads up MC Securities Ltd, in all avenues, leading a team of finance professionals working towards NRI and Retirement based products primarily. He also leads the group Businesses, MC Commodities, MC Advisors and MC Insurance broking.
Mr. Basu is a family man and dedicates his free-time to travel vividly and support young entrepreneurs through various VC activities; debt or equity raising, advisory on structuring etc. On a personal capacity, he is on the advisory board of 3 BSE listed companies and 4 unlisted but publicly held companies, with equity exposure in all of them. Currently he is also the principal shareholder and dominant promoter for Silkoak Group, which has been recently acquired in 2015 December and started registered operation in London, United Kingdom, currently poised to provide an ethical business support in various handcrafted items, along with trading and export of the same and developing prospective businesses and entrepreneurs in the process.
He could be reached at saumya.basu@silkoakgroup.com and saumya.basu.sb@gmail.com