Washington, Dec 19: The US-India Business Council (USIBC) has announced the appointment of Mr Jesse Bhattal, Chief Executive Officer, Lehman Brothers Asia-Pacific, to its Board of Directors.
Lehman Brothers has been a member of USIBC for more than a decade and currently is a Chairman's Circle member, the highest level of membership, participating in many of the Council's events and meetings. Lehman Brothers Vice-Chairman Howard L Clark, Jr was the Chairman of the US-India Business Council from 1996-1998. ''Mr Bhattal is one of the longest serving Asia CEOs for any global Investment Bank and has had a lifelong commitment to India's progress.
He has spearheaded the unprecedented growth of the Lehman Brothers businesses in Asia, and brings to the Council an impeccable track record of global and Asia business experience,'' Council Chairman Charles Kaye said last evening.
The Lehman Brothers India franchise has recently expanded with a strategy to build a full-scale local franchise leveraging the firm's strong global platform, infrastructure, and expertise.
Lehman Brothers India offers a variety of products and services to its institutional and corporate clients.
''Lehman Brothers has enjoyed a long and mutually beneficial association with India, both through our own presence in the country, and through the many Indian nationals who work for the firm,'' said Mr Bhattal.
The US-India Business Council is the premier business advocacy organisation representing 260 of the largest US companies investing in India, joined by two dozen of India's largest global companies. SIBC's mandate is to strengthen US-India commercial ties.