Ved Seereeram – OC in the Spotlight

VED SEEREERAM – Lefroy 1966 Batch and School Captain 1966, fondly known as “TRINI” at school

A documentary video about Ved’s current project “LIFE IN SUGAR”.

Excerpt from the StockExchange Trinidad website:

VED SEEREERAM – Director Ved Seereeram is a Financial Consultant, advising regional governments and corporations on capital market transactions, risk management and credit administration over the last 13 years. Prior to private consulting, Mr. Seereeram worked for Citibank for 8 years and was the Managing Director of Citicorp Merchant Bank. He spent 10 years at Scotiabank managing major corporate client portfolios. Mr. Seereeram holds an MBA from the University of Western Ontario and a BSc in Business Administration from the University of the West Indies. He was appointed to the Board of First Citizens Bank Limited on December 31, 2010 and to the Boards of First Citizens Securities Trading Limited, First Citizens Investment Services Limited, First Citizens Brokerage and Advisory Services Limited and First Citizens Investment Services (Barbados) Limited in January 2011. Approval was received on April 5, 2012 for Mr. Seereeram to sit on the Board of FCCR –First Citizens Costa Rica S.A., and he was appointed to the Board of First Citizens Bank (Barbados) Limited on August 27, 2012. Mr. Seereeram also manages a 60 acre farm with over 35 acres planted in trees and the remainder allocated to sugar cane as feedstock for a small sugar cane factory. In 2013, he received an award from UNESCO for dedicated work to Humanity, Society and Environment.”

Ved’s impressive bio [partial] :

1984-1986 Masters of Business Administration
University of Western Ontario
London, Canada
1975-1978 Bachelor of Science in Management Studies
University of the West Indies
St. Augustine Campus
First Class Honours (Recipient of the Hugh Springer Award)
1972-1974 A levels
Extra Mural Studies
University of the West Indies
1961-1965 Senior Cambridge
Bishop Cotton School
Simla, India
Managing Director – Citicorp Merchant Bank Limited
Country Treasurer – Citibank (Trinidad and Tobago) Ltd
Vice President – Citibank

·   Managed capital market activities including the origination of primary issues and distribution in the local market

  • Originated, structured and distributed over TT$2.0 billion in transactions generating over TT$100.0 million in fee and trading income
  • Structured and placed over USD50.0 million in Zero Coupon Bonds in the local market
  • Managed asset portfolio of over TT$2.0 billion
  • Managed a staff of 7 with responsibilities covering all areas of Merchant Banking and Treasury Management
  • Member of Executive Management Committee, Asset/Liability Committee, Credit Committee and Investment Committee of Citibank and Citicorp Merchant Bank
  • Managed the bank’s liquidity and price risk
  • Recruited and trained staff in the Treasury department in all areas of risk management
  • Recruited and trained staff in all areas of Merchant Banking including financial engineering
1993-1995 Assistant Vice President responsible for Product Development
Citibank (Trinidad and Tobago) Limited
  • Developed and marketed several new financial products for the local market
  • Coordinated product managers, tax consultants, accounting and legal professionals for the development of product programmes for convertible bonds, zero coupon bonds, indexed certificate of deposit, interest rate swaps, covered interest arbitrage, currency options and fx trading
  • Developed several innovative financial products to reduce banks funding costs
  • Spearheaded the development of derivatives in the local market to local clients to manage their interest rate, commodity and currency price risk
  • Successfully executed over USD100.0 million in interest rate swaps
  • Developed the first interest rate swap in local currency
  • Member of Citibank consulting team as consultant to the Duke/Tenneco consortium in their bid for the power generation in Trinidad
  • Lead Citibank financial advisory team on Severn Trent successful bid for the local Water Authority Management Contract
  • Originated and structured a TT$450.0 million bond issue collateralized by the first original issue Government zero coupon bond issued in the country
1990 –1993 Manager – Corporate Bank
Citibank (Trinidad and Tobago) Limited
  • Managed and marketed a portfolio of corporate accounts comprising Government and selected state enterprises in the manufacturing and petroleum sectors
  • Analyzed complex multi- million dollar credits and made recommendations to the bank’s local and regional credit committees
1986 -1990 Scotiabank (Trinidad and Tobago) Limited
  • Managed and marketed a portfolio of Government and corporate accounts covering several industries including petroleum and petrochemical, motor vehicle industry, cement, paint, financial and other manufacturing.
  • Responsible for business development and portfolio growth
  • Managed delinquent accounts to effect collections
  • Supervised and administered credit loan applications from retail branch network
  • Liased closely with Scotiabank International Division in Canada in the execution of duties
1980 – 1984 positions with Senior Account Manager and other managerial
·   Assisted Citibank Philippines in the development of capital market products

·   Assisted Citibank Colombia in the development of capital market products

·   Member of Citibank’s Capital Market Task Force to develop structured capital market products in the Caribbean and Central American region

2 thoughts on “Ved Seereeram – OC in the Spotlight

  1. admin Post author

    Posted on behalf of Peter Stringer:
    Good morning Webmaster

    I cannot help recall my earlier years after following through OC Ved Seereeram Spotlight – Life in Sugar.

    In comparison on the opposite end of his Industrial scale – I was a young boy grew up in Lahore (Punjab in Imperial India).

    Gunaah – Sugar cane – a cart would come round – on it was a large metal wheel that was hand propelled to drive a kind of rolling-press and sugarcane stems were passed through and the juice collected and poured into a glass for maybe a few Annas. It was quite common to flick out a fly leg or wing and then enjoy drinking the nectar!
    Fond memories of the land of my birth.
    Peter Stringer Lefroy 1943-47

    Dear Sir add this to replies

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