Former SEBI and LIC Chairman joins Accelerator Group's Advisory Board
10 Jun 2009, 1849 Hrs

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Michigan, June 10 (ANI/Business Wire India): Accelerator Group LLC. ("Accelerator") announced today that G. N. Bajpai has joined its advisory board and will actively guide the strategic alliance advisory and healthcare practice areas of Accelerator.

Bajpai is an eminent leader and champion of the Indian financial service and insurance industries and has guided several major institutions in India under his impactful leadership.

Bajpai has served as Chairman of Securities and Exchange Board of India - (SEBI) from 2002 to 2005.

As Chairman of Life Insurance Corporation of India (LIC) (Sept, 2000 - Feb. 2002) India's premier financial conglomerate with an asset base of over Rs 9 Trillion, LIC grew at a record rate of 65 per cent and 135 per cent in 2000-01, 2001-02. He has served on the Boards of many prestigious organizations of India and abroad.

Commenting on Bajpai's acceptance of being a Senior Advisor of Accelerator Group's advisory board, Seema Chaturvedi, Managing Director, Accelerator Group LLC. said, "This is a tremendous honor for our organization to have the guidance from such a luminary. We are extremely excited to have an opportunity to work with Mr. Bajpai to create impactful positive changes in our organization and the industries we serve."

Bajpai commented that he is "impressed with the entrepreneurial vision, tenacity and energy of Accelerator's team and looks forward to creating significant value with Accelerator." (ANI)

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