Suggestions
Arun Bhojwani
Director of Finance and Corporate Development at Evoteq ME
Who is Arun Bhojwani?
Arun Bhojwani is currently the Director of Finance and Corporate Development at Evoteq ME, a company based in Sharjah, United Arab Emirates.23 He has previously held senior roles at EY and Mubadala Development Company.
Bhojwani brings extensive experience in investment management, corporate finance, private equity, venture capital deal-making, econometrics, valuation and strategy, and equity and debt financing.1 He has taken courses in these areas to further develop his skills and knowledge.1
Prior to his current position, Bhojwani was a Fellow at an unnamed organization.3 He is also listed as a Managing Director at Aura Prestige Pte Ltd in Singapore4, but it's unclear if he still holds this position.
Bhojwani's LinkedIn profile can be found at https://ae.linkedin.com/in/arun-bhojwani.1
Highlights
What is the Fi in DeFi? “DeFi” or Decentralized Finance is a recent buzzword (and has also been receiving a lot of flak lately) along with NFTs. Before we get into decentralization, let’s first understand what the ‘Fi’ part covers: Fi(nance), or more precisely financial services, is a large sector and has several subsectors within it. Provide below the three major subcategories and a brief description. 1. Banking and capital markets (BCM) This consists of: Lenders: typically includes banks, but specialty lenders that focus on a specific product or a set of customers, i.e. small and medium businesses; Depository institutions: again, typically banks, but also include savings and loan associations and various institutions that are legally allowed to accept deposits from consumers; Payment companies: companies facilitating in-store and digital payments as well as remittances, e.g. Visa, Paypal, Western Union; and Capital markets: these are financial marketplaces, new securities are issued and sold and existing securities are traded, e.g. NYSE, NASDAQ. 2. Insurance As the name suggests, this is made up of companies that offer risk management in the form of insurance contracts, e.g. Ping An Insurance, Prudential Financial and AXA. 3. Asset management This includes all companies that invest pooled funds from clients into various asset classes, such as stocks, bonds, real estate, private equity, venture capital and hedge funds, e.g. BlackRock and Fidelity. Blockchain applications are aiming to disrupt and decentralize the current state of financial services. Several projects and startups were incubated in this area in 2020 and 2021. However, a lot of them are struggling or some even shut down recently due to structural issues and sharp decrease in crypto prices, e.g. Terra, Celsius. Will look to cover on what has been working well and what has failed and why. #financialservices #finance
Job search needs to be rethought.
We usually look at in the following priority:
1. Role 2. Company 3. Market 4. Direct Manager
How we should look at it:
1. Market 2. Direct Manager 3. Company 4. Role
Like investing, market size and growth matters. Picking the right market ensures that you have tailwind towards success.
In 2000s, it was ecommerce and social; in 2010s, share economy; in 2020s remote work and (ahem…) crypto.
You have to then find the managers in the market you have picked. There are managers who can have impact on you as a thinker and operator.
Good managers would usually be found in a good company, which would support a good culture and facilitate promotions and internal transfers.
Once you have picked the right market, manager and company, you will eventually land in the right role.
A big thanks Avichal Garg for this insight.
