Management

CA ( Dr ) Ashok Ajmera – CMD

Ashok Ajmera , the Founder, Chairman and Managing Director of the Company is a qualified Chartered Accountant with  45 years of experience. Considering his enormous  contribution to  profession of Banking, Finance and capital markets, he was awarded with honorary doctorate in financial management by KIU, South Korea. Dr Ajmera has rich corporate experience of over 45 Years as the project finance consultant dealing with banks & financial intermediaries for his clients. He  is a well known Chartered Accountant, Financial consultants & Capital Market Expert having a strong network and excellent rapport with Banks, Regulatory Authorities, Government Agencies, Corporates and Financial Institutions.  Over the years he has executed several transactions in the field of debt syndication, Investment Banking & corporate advisory successfully advising some of the large & reputed corporate houses in India & Abroad amongst the large client base  of over 500. 
A prolific speaker , Dr Ajmera has to his credit  more than 2,500 interviews on Capital Markets on leading Television Channels like Zee, Star, NDTV, BBC, CNBC & Awaz, Bloomberg UTV, DD News,Sahara,Aaj Tak, Headlines Today, News X, India News and many more. He has conducted more than  300 training programmes for Jaycees, Lions, Rotarians, Corporates, Banks, Institutes covering topics on personality development , Capital Markets, project finance, economy and other financial subjects. He has also authored a paper on Financial Planning for the CPE of Institute of Chartered Accounts of India.  
His other associations in the past  involve Mr. Ashok Ajmera playing pivotal role at various levels with organizations such as NSE -Committee Member of COSI , DRC & many sub committees , Director of Association of NSE Members (ANMI), Independent Director of Gilt Securities (Canara Bank), Zone  President & a member National Governing Board  of JAYCEES, Member of Indian Merchant Chambers, Special Executive Magistrate(State Govt. Appointed), President Lions Club of South Bombay, Board Member of BSE Brokers Forum, President Rotary Club of Bombay North , Founder & Director of JITO incubation & Innovation Fund. For his meritorious services , Mr Ajmera has received many awards & accolades including the Management Man of the year Award at the hands of the then Governor of Maharashtra. 
Currently, Dr Ajmera is on the Board of Management of Greater Bombay Cooperative Bank , Mahavir International – Mumbai , International Vaish Federation – Mumbai , JITO Professional Forum , Association of Certified Financial Crime Specialist ( USA) Mumbai Chapter , District Official of Rotary District 3141 

Mr. Ankit Ajmera – Executive Director

Ankit Ajmera,  B.Com from Mumbai University and MBA from UK is the Executive Director of the Company. Ankit  has rich experience of over twenty years of Capital Markets in general and in Institutional equities in particular. Over the years, he has developed great skills of stock picking, hands on experience in IPO Distribution, Equity Research and Institutional Broking/Dealing. At Ajcon, he spearheads the execution of the entire operations of Institutional Broking, HNI desk & Retail Broking along with funds management. He also heads the compliance team of the Company. His other associations involve him as the Executive  Committee Member of AMNI, President Elect of Lions Club of Juhu. Guest speaker in various Forums & TV interviews on Capital Markets. Being an active member of ANMI, he  has been engaged in the deliberations with SEBI & Stock Exchanges on the matters related to broking industry & capital markets. 

Mr. Anuuj Ajmera – Executive Director

Anuuj Ajmera , aged 40 years is a commerce graduate and an IT professional. He has over 17 years of experience in Information Technology , Business Development, Marketing & PR initiatives. Owing to his extensive working knowledge of IT he is responsible for the development, implementation & Managing the IT framework of Ajcon Global and its group companies. As an executive director of the company, he has played a pivotal role in designing the online trading web portal of Ajcon Global “www.pyarapaisa.com” & it’s trading app both on Android & Iphone. He is also responsible and leads the business development and marketing strategy for the broking, investment banking & distribution divisions of the Company. His other associations involve him as the Past President of Rotary Club of Kandivali, Mumbai and has held several positions in the Rotary District 3141. Anuuj has great networking capabilities helping the business to expand rapidly. 

KEY MANAGEMENT PERSONNEL (Divisionwise)

INVESTMENTBANKING DIVISION

Ms. Pallavi Ajmera – Senior Vice President

Ms. Pallavi Ajmera, a Chartered Accountant is the Sr. Vice President(Investment Banking Division) of the company. She has an experience of over eight years in the field of Investment Banking. To her credit she has executed and concluded various transactions relating to Audit Inspection, Debt Deals, Asset Securitization, Private Equity etc. Over the years, she has developed expertise in Investment Advisory for HNI, NRIs and handling Merchant Banking Activity. Currently at Ajcon, she is responsible for executing Loan Syndication, Corporate Valuations, Merchant Banking assignments and obtaining financial closure. She has previously worked for renowned financial institutions like DSP Merrill Lynch and ICICI Bank

RESEARCH DIVISION

Mr. Akash Jain – Vice President
(Equity Research)

Mr. Akash Jain – Vice President (Equity Research)

Mr. Akash Jain is Vice President – (Equity Research) at Ajcon Global and has an experience of over 14 years. He is passionate for equities and has acumen for stock picking. His vision is to create wealth for every kind of investor – retail as well as institutions through his well-researched ideas.

At Ajcon Global, he spearheads the research department and is responsible for generating fundamental Equity and Sectoral research reports, IPO research, Market Wrap etc.. The fundamental research reports are known for achieving its price targets. His view on Indian equities related to stock ideas and market outlook are regularly published on Moneycontrol, The Economic Times, Asian Nikkei Review.  He has also appeared on Channels like Doordarshan and Lemon News.

To his credit, he holds MBA – (Financial Markets) from Institute for Technology and Management (ITM) – Institute of Financial Markets (IFM), Navi Mumbai. He has earlier, worked with renowned companies like India Infoline (IIFL) group, ARM Research Pvt. Ltd. and ENARR Capital where he was responsible for generating equity research reports, sectoral research reports, writing business plans and investor presentations.
He loves Public speaking and has been very active at Mumbai Toastmasters Club (served various leadership roles) – Toastmasters International, USA. He is certified Competent Communicator, Competent Leader, Advanced Leadership – Bronze from Toastmasters International. He is a fitness freak, loves sports and is a club level cricket player.  


INSTITUTIONAL AND RETAIL BROKING SEGMENT

Mr. Nitin Kumawat – Vice President
(Retail Broking)

Mr. Nitin Kumawat is the Vice President (Retail Broking) at Ajcon Global Services Limited and plays an important role in developing the retail broking business of the Company. He is responsible for identifying and building the retail sales, distribution network, strategy formation, franchisee/channel partner management and build/assist the HNI Network of the Company. With an experience of over 15 years of handling sales, business development, client servicing, team management, he is an effective communicator with exceptional relationship management skills with ability to relate to people at any level of business and management. His past experience involves him working with brokerage houses like Asit C Mehta and Karvy Stock Broking Limited. He is qualified professional with a Post Graduation in Marketing and M.Com.

Mr. Daylan De Souza – AVP
(Institutional Sales)

Mr. Daylan De Souza is the Asst. Vice President (Institutional Sales) at Ajcon Global Services Limited. He is responsible for executing the orders of institutions/ mutual funds/insurance companies and advising on stock picks. A Post Graduate from Xavier’s Institutes of Management (Mumbai), he has an experience of over 16 years working with the Institutional Desk of reputed broking firms like IL & FS Management, Mackertich Wealth Mgmt Ltd and IndBank Merchant Banking Services Ltd.

Mr. Nilesh Parchure – Business Development Manager

Mr. Nilesh Parchure a B.Com graduate is the Business Development Manager at Ajcon Global Services Limited his responsibilities involve him in identifying and soliciting business from the clients of the broking wing of the Company. He has an experience of over 12 years and has worked in the past as the Branch Manager with Arcadia Shares and Stock Brokers Limited.

Mr. Sunil Singh – Asst. Manager
(Risk Management)

Mr. Sunil Singh a B.Com Graduate. He is the Asst. Manager-Risk Management at Ajcon and he is responsible for the risk management, developing strategies to monitor and mitigate risk, developing framework for process driven risk management, new risk policy implementation etc. He has an experience of over 14 years in the field of risk management and has worked at various levels with Bonanza Portfolio Limited.

INFORMATION TECHNOLOGY FRAMEWORK

HUMAN RESOURCE

Ms. Shikkha Ajmera – HR Head

Ms. Shikha Ajmera, aged 28 years is a MBA by qualification. She is heading the Human Resource at Ajcon Global Services Limited. As an overall in charge, she is responsible for handling the payroll, talent acquisition, performance management, induction program, generation of MIS reports on employees of the company etc.

COMPANY SECRETARY & COMPLIANCE

Mr. Shailendra Pathak – CS & Compliance Officer

Mr. Shailendra Pathak aged 26 years is the Company Secretary of Ajcon Global and he also heads the Compliance and Legal department of the Company. He is a qualified Company Secretary and has over four years of experience of handling matters related to corporate laws and other commercial and industrial laws. He is fully conversant with secretarial practices and compliances of stock exchange and other regulatory authorities. Previously he has worked with Tainwala Chemicals.