Anil Chaturvedi is an accomplished banker with over four decades of experience in the field of finance and banking. He has learned a lot over the years about the field of banking and uses his expertise to help Hinduja Bank grow, where he is positioned as managing director currently. As the managing director of Hinduja Bank, Anil Chaturvedi has been innovative with his marketing approach. It has helped the bank to get new clients as well as improve their overall stand in the field of banking. Hinduja Bank is a private bank based in Switzerland. Anil Chaturvedi has the experience of working for some of the biggest banks and financial institutions in his career. It has helped him get the experience and the expertise needed to head a large private bank as Hinduja Bank.
Anil Chaturvedi studied masters in business administration from Delhi School of Economics and did his graduation from the Meerut University. After he completed his education, Anil Chaturvedi didn’t waste time and immediately started working for a local bank. Anil Chaturvedi worked for several years in India for local banks before he moved to the United States, where he joined one of the largest Indian public bank named State Bank of India in New York. Anil Chaturvedi has worked for some other banks in the United States such as ANZ Grindlays Bank and even Merrill Lynch. Working for Merrill Lynch for seventeen years has helped him understand the dynamics of corporate banking as well as know how to handle and manage the investment portfolio of high net worth clients.
Anil Chaturvedi knows that the Indian economy is growing at a fast pace in the last couple of years and knows that if European and American businesses expand their business network there, it would be helpful for India as well as them. It would help them reduce their operational cost and enjoy higher returns as the Indian consumer market is growing at a rapid pace and is one of the largest in the world. Anil Chaturvedi as the MD of Hinduja Bank has been working with many European businesses to help them spread out to Asia.
Sahm Adrangi, of Kerrisdale Capital, delivered a presentation on ad fraud at the Kase Learning conference in May of 2018. Kerrisdale Capital was launched nine years ago and manages approximately $180 million. The business was built around short activism and started publishing research on shorts in 2010 around the era of Chinese fraud when short sellers eliminated up to $20 billion of fraudulently invested capital. Kerrisdale Capital now focuses mainly on complex sectors in the United States.
During his presentation, Sahm Adrangi discussed a short activism campaign on St. Joe, a land developer located in the Florida Panhandle that is estimated to be worth half of the market valuation that was published on QuinStreet. Sahm Adrangi explained that he likes ad fraud because it allows investors to combine social good with short activism. He also discussed opportunities that exist in the ad fraud arena.
According to Wikipedia, ad fraud is when online clicks, advertisement impressions, data events or conversions are represented fraudulently in an effort to produce revenue. Essentially, display ads are placed on fake websites where bots from computers are viewing the ads instead of humans viewing the ads. This results in advertisers being less willing to spend money to advertise online, which negatively impacts the online advertising landscape. This issue also reduces the revenue of legitimate publishers.
Sahm Adrangi explained that ad companies benefit from this kind of fraud, which is possibly the reason why they are hesitant to adopt new detection schemes that can prevent fraud. Sahm Adrangi also explained how the same type of fraud occurs with video ads. This happens when videos are playing in the background of videos being watched, yet the unseen video gets charged to the buyer of online advertising.
Adrangi shared other examples of this pervasive issue during his presentation. The findings of research conducted by Kerrisdale Capital is found on their website and subscriptions are available to those interested in reviewing their research.