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Shailesh Dhuri
 
Gaurav Gupta
 
Paresh Sharma
 
Narendra Joshi
 
Sidharth Dembi
 
Ajay Gupta
 
OUR PEOPLE

The entire team at Dawnay Day AV Analytics shares a common vision and pedigree. Our research team, based in Mumbai, India, includes highly experienced professionals with advanced degrees in business and financial analysis. The research wing is complemented by a team of equally capable professionals at client locations with a common objective of delivering value to clients.

Executive Management
One of the major pillars of strength for the company is its young and dynamic management. With highly acclaimed finance professionals being at the helm of affairs, Dawnay Day AV Analytics enjoys a brilliant combination of knowledge and drive, two crucial pre-requisites of growth in the financial research services vertical. Between themselves, the top brass has a combined 100 plus years of experience in financial markets globally.
Shailesh Dhuri
Executive Director
Shailesh has extensive experience and the domain expertise in the field of financial services and is responsible for research operations and quantitative analysis at Dawnay Day AV Analytics. In his last assignment, Shailesh worked with the treasury team of Credit Agricole Indosuez, where he was assigned the responsibility for bond trading, ALM and transfer pricing. He has also been the head of the trading desk of one of the primary dealers involved with market making in Government of India Bonds. Shailesh started his career with Unit Trust of India, India’s largest mutual fund, where he headed the treasury desk of the fund for the first money market mutual fund in India.
Shailesh is a MBA from Indian Institute of Management (IIM), Bangalore. In addition, he also holds the CFA qualification from ICFAI, FRM qualification from GARP, PRM qualification from PRMIA and Cost Accounting qualification from ICWAI.
Gaurav Gupta
Executive Director
Gaurav is responsible for strategic planning and heads the business development operations for Dawnay Day AV Analytics, overseeing new client acquisitions. Earlier, he served as the Investment Strategist and Product Head for Onshore Private Banking, Deutsche Bank. In this capacity, Gaurav was involved in development of product strategy including development of structured investment solutions for the Bank’s clients. He was also responsible for evaluation of fund managers and product due diligence. Prior to this function, he was responsible for putting in place a complete financial advisory platform using strategic and tactical asset allocation. He spearheaded the effort for development of an efficient frontier covering Indian financial asset classes. Gaurav has also been a part of the investment & advisory team at BNP Paribas and the bond trading team at Unit Trust of India.
Gaurav received his B.A. in Economics from the University of Mumbai, and his Masters in Management Studies in Finance from NMIMS, University of Mumbai.
Paresh Sharma
Executive Director
Paresh, with extensive experience in financial markets in India, is responsible for overseeing research operations. Over the last decade, he has acquired vast experience and built on his expertise in the areas of Portfolio Management and Equity Research. In his last role, prior to co-founding Dawnay Day AV Analytics, Paresh was the Head of Equities at UTI Mutual Fund, India’s largest asset management company. Prior to that he headed the research team at UTI Mutual Fund covering Indian Equities, Fixed Income and Economy for over five years. He was a member of the core management team at UTI, responsible for the restructuring of its operations, along with implementing various strategies within the organization. He was also instrumental in the successful takeover of ILFS Mutual Fund by UTI AMC.
Paresh is a MBA from Indian Institute of Management (IIM) Bangalore, and an Engineer from the Institute of Technology – Banaras Hindu University.
Narendra Joshi
Director- Business Development
Narendra Joshi is responsible for Business Development for the UK, Europe and Middle East market. Narendra comes with more than 15 years experience in financial services with UTI Mutual Fund, India’s oldest mutual fund.  Prior to joining  DDAVA, Narendra was Chief Executive of UTI Mutual Fund’s international operations and was based in London. During his term as CEO, UTI International, mutual fund’s international arm, increased its footprint by expanding its physical presence in Dubai, Bahrain, Mauritius and Singapore and crossed US$ 1 bn for its funds under management.  He has worked in areas of funds management, research, equity dealing desk. He gained rich experience in strategic business planning during his stint as Executive Assistant to the Chairman and Managing Director of UTI Mutual fund from 2001 to 2004 when UTI underwent several fundamental structural changes.  He was also seconded by UTI for 7 months in Cairo as Head of Research for a Egyptian Mutual Fund.

Prior his post-graduation in management, Narendra worked for 2 years with Crompton Greaves Limited, one of the large Indian electrical equipment manufacturers, in quality control and business development department.

Narendra is B. Tech. in Electrical Engineering from Institute of Technology, BHU, Varanasi, India (1985-89) and PGDM from IIM, Lucknow, India (1991-93).  

Sidharth Dembi
President & Head of Research
In his role as the head of research Sidharth is responsible for delivery of research outputs to our clients. Prior to joining Dawnay Day AV Analytics, Sidharth had worked with UTI Mutual Fund, where he gained valuable experience and the domain expertise in the field of fundamental research and fund management. Sidharth has been the vice president with UTI Mutual Fund along with being a Fund Manager, in his last assignment at UTI Mutual Fund. With rich experience of tracking various sectors including IT services, Automobiles and Metals, Sidharth was also instrumental in starting the economy and debt market tracking in the research division at UTI Mutual Fund. Sidharth started his career with Larsen & Toubro Limited (L&T), where he worked for 2 years before completing his post graduation.
Sidharth is a Mechanical Engineer from REC Surathkal and a Masters in Management Studies in Finance from JBIMS, University of Mumbai.
Ajay Gupta
Senior Vice President – Client Engagement and Process Migration
Ajay brings to Dawnay Day AV Analytics over thirteen years of experience in Business Process and Technology consulting, Project and Account Management, Financial Management and Accounting. His key responsibilities include analyzing and migrating Client Processes to the Dawnay Day AV Analytics team.
In his past positions with consulting organizations like Cap Gemini Ernst & Young and A.F Ferguson & Co. in India and Intelli-Mine Inc. in California, USA, Ajay has had the opportunity of working extensively with global clients such as Bear Stearns, American Express, Aramark, Fiat, Reliance Industries and the Birla Group, among others. He has successfully worked on Business Analysis, Project Feasibilities, Business Process Re-engineering, Systems Audits and the design, development and implementation of IT Systems such as Business Intelligence and Data Warehousing, ERP, Transaction Systems and MIS Systems.
Ajay has completed his M.B.A. in Finance from NMIMS, University of Mumbai and is a commerce and economics graduate from the University of Mumbai.
 
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