CA. Aditya Sesh is a Chartered Accountant by training & a Fellow Member of the Institute of Chartered Accountants of India. He is the Founder & Managing Director of Basiz Fund Service Private Limited (www.basizfa.com) and has been closely associated with the financial services industry, notably the international fund accounting and administration industry for the past 25 years. As a person Sesh is an ardent evangeliser of “Made in India for the World” from 2006“, “ The World is Flatter, thank we think”, “Go Glocal” from 2007 and “Geography is History”- from 2008. Many actionable technology and service points from this thought process were implemented in Basiz over the years and realised benefits in the recent Corona Pandemic.
After qualifying as a Chartered Accountant in 1992, he commenced his career in the financial services industry in India and worked closely with the then leading market leaders who were trying to position India as the next investment destination in the light of the blockbuster economic reforms of 1991. Shortly after this, he was instrumental in working on mega deals in the infrastructure sector and was able to successfully achieve financial closure for big ticket Independent Power Projects.
Bitten by the bug of international exposure, he continued his innings in the new areas of fund accounting, fund administration and financial reporting in Dutch West Indies Curacao, Carribean, Mainland Europe and the US. He worked for Mees Pierson Heldering, Fortis Fund Services, Curacao, (then the second largest offshore fund administrator in the world). He was also with PFPC Inc, Delaware, US (the second largest fund administrator in the US) before returning to India and giving wings to his entrepreneurial dreams by setting up Basiz Fund Service Private Limited in 2004.
Under his leadership, Basiz scaled to be among the largest agencies in the world in financial reporting for funds and built an enviable track record within the top 50 firms in fund administration. Not resting on his laurels, he has now chartered the company into new high technology areas of Fund & Legal Tech products. Basiz is in the process of launching a slew of new high end patented products and services which will effectively enable the transformation of the company by adding multiple services to its portfolio.
Sesh has also been instrumental along with the corporate strategic team, to bring to reality platform asset management services, financial & accounting and software services. The Vision 2024 program is already taking shape. With this, Basiz will not only scale new heights in the fund services industry but will position itself as a well integrated IT enabled services company. Basiz will have service offerings targeting all industry groups and catering to a diverse mix of B2B and B2C customers.
Aditya Sesh’s core competency is his deep knowledge of global fund administration, tax laws and regulations of various domiciles besides investment philosophies, sound understanding of data analytics and technology; all in all a formidable combination. He is also a Committee Member at the North American Fund Administration Association & a Member at Israel Hedge Funds Association. He is a keen industry observer and writes a regular blog on www.seshspeaks.com which highlights some very original thoughts on the fund services industry. He was a visiting faculty in one of the leading management institutes in India. He actively evangelises and is an active participant in legislation as well as in disseminating information worldwide on Gujarat International Fin-Tec (GIFT) City, India’s first offshore financial services centre.
Today, apart from being the Managing Director of Basiz Fund Service Private Limited, he sits on the Boards of Basiz AIF Trustees Private Limited, Pi-Comm (India) Private Limited, Opsglobal Capital Advisors Private Limited and Muller & Phipps India Limited, a 100 year old entity which has one of the largest distribution networks in India in the areas of pharma and OTC pharma products, among other products.
He is also a Member of the Government of India (Ministry of Agriculture & Farmers' Welfare) Expert Committee On eNWRS, E-National Warehouses House Receipts, a Government of India Ministry of Agriculture and Farmers' Welfare initiative that seeks to pioneer change in agri trading in India.
He is a philanthropist and supports various social causes through Basiz and Sujata & Sesh Foundation, an organisation which tries to assist a few charitable causes every year not only financially but also with inputs which result in directly visible social impact at ground level.
Specialties: Fund Administration, Fund Accounting, Financial Reporting,US Tax, IT Enabled Services, Robotic Process Automation, Fund Tech Products, Law, Fund Structuring, Tax Treaties, Alternative Investments, Private Equity, Venture Capital, Business Planning, Entrepreneurship, Asset Management, ESG Funds