Rakesh Sony Joins Motilal Oswal Financial

Rakesh Sony has joined India-based Motilal Oswal Financial Services Ltd. as director of private equity. He previously was co-founder and managing director of Microsec Group.

PRESS RELEASE

Motilal Oswal Financial Services Limited, the leading financial services company today announced the appointment of Rakesh Sony as a Director of the company’s Private Equity business.

With over 10 years of extensive experience in investment banking and corporate finance, Rakesh brings with him a deep understanding of Investment Banking, legal and regulatory aspects, business development and corporate structuring issues. An excellent communicator and a people’s person, Rakesh believes in developing and nurturing worthy relationships across all levels of the organization. While his core strengths also lie in formulating enterprise strategies and translating them into real-world solutions, he also brings great insight into corporate policy and business planning.

In his earlier role as an entrepreneur, Rakesh was Co-Founder and Managing Director of Microsec Group, an integrated financial services company with exposures in investment banking, stock and commodity broking and wealth management services, head quartered in Kolkata. Under his strategic guidance, the Microsec Group has been able to grow and expand its footprint across the country, in a short span of 5 years.

Prior to co-founding Microsec, Rakesh was a Consultant – Corporate Finance to Lodha Capital Markets Ltd, Kolkata, where he was responsible for Issue Management, Corporate Restructuring, Cross Border Mergers and Acquisitions, Loan syndication and other Corporate Advisory services.

Rakesh is a Fellow Chartered Accountant of the Institute of Chartered Accountants of India (ICAI), May 1998 and attained a Bachelor of Commerce degree from St. Xavier’s College, Calcutta, India in 1997.

About Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Ltd. (NSE :MOTILALOFS, BSE :532892, BLOOMBERG : MOFS IN) is a well-diversified, financial services company focused on wealth creation for all its customers, such as institutional, corporate, HNI and retail. Its services and product offerings include wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking and principal strategies. The company distributes these products through 1,533 business locations spread across 487 cities and the online channel to over 509,400 registered customers. MOFSL has strong research capabilities, which enables them to identify market trends and stocks with high growth potential, facilitating clients to take well- informed and timely decisions. MOFSL has been ranked the Best Local Brokerage 2005, Most Independent Research – Local Brokerage 2006 and Best Overall Country Research – Local Brokerage 2007 in the Asia Money Brokerage Polls for India.