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Parabesh De
Client Banker, Global Clients - ICICI Bank
Professional Background
Parabesh De is a highly accomplished Client Banker with over 12 years of experience in managing credit relationships for both Indian and multinational companies. His deep expertise lies in facilitating the raising of funds through various financial instruments including bank lines, bonds/NCDs, commercial papers (CPs), and External Commercial Borrowings (ECBs). Parabesh's proficiency extends to handling cross-border transactions, forex and derivative solutions, as well as trade and commercial banking products. He has successfully built platforms in banking and finance that specialize in strategic planning and innovation. His career has been characterized by a commitment to fostering entrepreneurship, as demonstrated by his active involvement in start-up valuation, incubation, angel investment, and new business development.
One of Parabesh's remarkable achievements includes the conceptualization and launch of "ICICI Trinity," the first-ever banking innovation and entrepreneurship platform in India. In this capacity, he meticulously planned, structured, and managed the innovation platform and investment fund, aimed at nurturing the next generation of entrepreneurs. He has built an extensive network of strategic angel investors within the finance, tech, digital, and innovation domains to facilitate start-up funding.
In a pioneering move for the banking sector, Parabesh introduced TV Banking in India through the ICICI Bank brand "ICICIACTIVE." This innovative digital medium allowed the bank to reach millions of households, effectively offering a wide range of banking and financial services in a cost-efficient manner. His ability to leverage technology for customer outreach demonstrates his forward-thinking approach to banking services.
A passionate advocate for developing sustainable business models, Parabesh excels in preparing entry strategies, building ecosystems for new ventures, and providing financial projections that are vital for investment decisions. His strong inclination toward angel investment, start-up funding, venture capital, and private equity reflects his dedication to the growth of innovative businesses.
Education and Achievements
Parabesh De holds an MBA in Finance from the prestigious National Institute of Industrial Engineering (NITIE), a well-regarded institution known for honing the skills of future business leaders. Additionally, he earned a Bachelor of Technology degree in Chemical Engineering from Nagpur University. This educational foundation has equipped him with robust analytical skills and a comprehensive understanding of both engineering principles and financial practices.
Throughout his career at ICICI Bank, Parabesh has progressed through various roles, initially starting as a Project Engineer at ESSAR Oil Limited, which laid the groundwork for his analytical and project management skills. He advanced through the ranks at ICICI Bank, serving as a Senior Manager before attaining the esteemed position of Chief Manager. Currently, he is positioned as a Client Banker, where he continues to drive significant results in client relationship management and financial advisory services.
Achievements
Parabesh's journey is marked by several notable accomplishments:
- Designed and launched "ICICI Trinity," an innovative platform that bridges banking and entrepreneurship, setting new standards in the industry.
- Spearheaded the introduction of TV Banking in India, creating a unique channel for customer engagement and service delivery.
- Established a strategic network of angel investors, enhancing opportunities for start-ups in the finance and tech arenas.
- Demonstrated exceptional skills in financial modeling, venture capital, and private equity, greatly influencing the financial landscape for budding entrepreneurs.
With a career dedicated to fostering innovation in banking and finance, Parabesh De remains a respected figure in the industry, dedicated to mentoring the next generation of entrepreneurs and leaders.
Parabesh's contributions to corporate and investment banking exemplify his strong commitment to excellence and his ability to drive innovative solutions that meet the needs of his diverse clientele. His journey through various roles within ICICI Bank showcases his adaptability and determination, positioning him as a thought leader in the financial services sector.
