Eurobank is implementing initiatives to strengthen the economic and investment ties with India, one of the fastest growing economies in the world, and to reinforce the role of Greece and Cyprus as reliable and safe business hubs connecting the European Union to new, dynamic markets.
In this context, a two-day roadshow is organized in Athens and Nicosia for the presentation of UTI Asset Management (UTI AMC), one of India's leading investment firms, with the participation of representatives of the investment and business community, as well as Personal and Private Banking clients of Eurobank Group.
The importance of fostering strong ties for mutual growth and prosperity between Greece and India was underlined by Eurobank's Deputy CEO, Mr. Stavros Ioannou, during the opening speech of the event organized in Athens yesterday. Eurobank’s event was attended by the Ambassador of India to Greece, Mr. Rudrendra Tandon. Mr. Praveen Jagwani, CEO of UTI International, provided an overview of the dynamic development in the Indian economy, which is the 5th largest globally and with an average annual growth rate of 5.7% over the last decade, while Mr. Vetri Subramaniam, Chief Investment Officer of UTI AMC, presented UTI India Dynamic Equity Fund’s strategy. Brief welcome notes were also addressed by Mr. Haris Hambakis, Head of Group Private Banking of Eurobank Group and Mr. Theofanis Mylonas, CEO of Eurobank Asset Management AEDAK.
Deputy CEO of Eurobank, Mr. Stavros Ioannou, underlined: "True to its commitment to leadership, Eurobank invests in expanding its international footprint and seeks to strengthen mutually beneficial economic relationships with dynamic, fast-growing economies such as India. This is the vision that our Bank wishes to serve. Capitalizing on the Group's strong presence in Greece and Cyprus, Eurobank has the experience and the expertise to support Indian businesses seeking access to the European Union.".
Τhe investment options in India will be presented today by the executives of UTI International during a special event held in Nicosia by Eurobank Cyprus, in the presence of Mr. St. Ioannou. Mrs Madhumita Hazarika Bhagat, High Commissioner of India in Cyprus is the honored guest at the event that will be addressed by Mr. Rajeev Kakar, Member of the Board of Eurobank Holdings and the CEO of Eurobank Cyprus, Mr. Michalis Louis, while representatives of the Indian investment firm have been invited as keynote speakers.
During the events, participants in Athens and Nicosia had the opportunity to address their questions and to further discuss the investment prospects with India with the speakers._
Left to right:
Rudrendra Tandon, Ambassador of India to Greece
Stavros Ioannou, Eurobank's Deputy CEO
Left to right:
Haris Hambakis, Head of Group Private Banking of Eurobank Group
Rudrendra Tandon, Ambassador of India to Greece
Stavros Ioannou, Eurobank's Deputy CEO
Praveen Jagwani, CEO of UTI International
Theofanis Mylonas, CEO of Eurobank Asset Management AEDAK