Barjeel Geojit, a joint venture between the Sharjah-based Sheikh Sultan Bin Al Sooud Al Qassemi and Geojit BNP Paribas Financial Services, has been awarded the prestigious Financial Advisor Award 2010 in the NRI category at the fourth annual CNBC-TV18 Financial Advisors ceremony.
These awards, in partnership with UTI Mutual Fund, are India’s first and most authoritative evaluation backed by a robust methodology and powered by ICRA.
Mr C.J. George, Director, Barjeel Geojit Securities said that the company has been rendering highly professional services to NRIs for the past nine years. This recognition will motivate the company to raise the bar further to expand the services to other parts of the UAE and in the Middle East.
Mr K.V. Shamshudeen, Director of Barjeel Geojit, said that the company has been a pioneer in bringing investment opportunities to the doorstep of NRIs, constantly encouraging them to develop a mindset of regular savings and investment in order to ensure a future of financial stability for themselves and their families.
The company also has ambitions to embrace the latest developments in financial sector technology. For example, an increasing number of financial advisors are now using appointment setter services and other financial marketing techniques to enhance their financial services.
Additionally, according to Mr Krishnan Ramachandran, CEO, as part of long-term strategy to expand the reach among NRIs in UAE, Barjeel Geojit has recently obtained licences from the regulators to open three more branches in Al Ain, Mussaffa and in the Dubai Marina area to expand the business reach and penetration.
The company currently caters to the investment needs of more than 40,000 discerning NRI investors managing around $450 million of investment assets.
This article originally appeared The Hindu Business Line on December 11, 2010.