NRI
Ajit Someshwar appointed Board of Directors of Export Development
Canada
May 13, 2008
Trade Media Relations Office
Foreign Affairs and International Trade Canada
By Bhim Sen
The Honourable David Emerson, Minister of International Trade,
today announced the appointment of Ajit Someshwar to the Board
of Directors of Export Development Canada (EDC).
“Mr. Someshwar brings important experience in a number
of fields to the Board of Directors and will make a key contribution
to EDC’s future,” said Minister Emerson. “Mr.
Someshwar also has extensive knowledge in risk management and
information technology and is a successful global entrepreneur,
which will add significantly to the continued accomplishments
of EDC.”
Mr. Someshwar, President and Chief Executive Officer of CSI Consulting,
is an accomplished executive with broad experience in information
technology and risk management. Mr. Someshwar is very active in
promoting India-Canada trade relations and has served as president
of the Indo-Canada Chamber of Commerce in the past. He is currently
the convenor of the Canada India Foundation, a not-for-profit
organization that promotes relations between the two countries.
EDC is Canada’s export credit agency, offering innovative
commercial solutions to help Canadian exporters and investors
expand their international business. EDC’s knowledge and
partnerships are used by 7,000 Canadian companies and their global
customers in up to 200 markets worldwide each year. EDC is financially
self-sustaining and is a recognized leader in financial reporting
and economic analysis. It has been named one of Canada’s
top 100 employers by Maclean’s magazine for seven consecutive
years.
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About Ajit Someshwar
Founder of CSI Consulting Inc
President and Chief Executive Officer
CSI Consulting
Toronto, Ontario, Canada
Ajit Someshwar was born in Bombay in India. He took an honours
degree in commerce at the University of Bombay and obtained his
chartered accountancy qualifications in India before moving to
the United Kingdom, where he again completed the United Kingdom
CA programme.
He is one of the few Indian-born accountants to have qualified
in both countries. He is currently working on a book on the history
and influence of the twenty million strong Indian diaspora. His
work-in-progress on the increasing success of Indians abroad looks
at their penetration of many markets and professions. They constitute
a large percentage of American doctors and technology professionals
including many of those at NASA and Microsoft.
Someshwar moved to Canada from London and went on to launch and
become president and chief executive of a large information technology
and risk management company, CSI Consulting, based in Toronto.
He is also chairman and chief executive of Bates Management Consulting
Inc. and director of Iter 8, a technology solutions company specializing
in simplifying Insurance systems for business.
Before setting up CSI, he was a senior manager for KPMG Peat
Marwick Thorne, acting as a consultant to the Ontario Insurance
Review Board on costing and analysis of public automobile insurance
models. From 1992-1998, Someshwar was vice president of operations,
planning and analysis for the Canadian Imperial Bank of Commerce's
bank assurance venture, where he was instrumental in introducing
direct P&C Insurance to Canada for the first time.
Since the CSI Group was launched in 1998, it has achieved an
average annual growth rate of 48 per cent. It deploys more than
400 consultants, based in the United States, Canada, India and
Europe. Its operations are increasingly global in scope, and reflect
the growing interest among western corporations looking to India
for alternative and cost-competitive solutions to managing their
technology and risk management systems.
Someshwar is active in promoting Indian affairs and international
relations overseas. He has written, for example, in the Jerusalem
Post on changing Israeli policies and attitudes towards India.
