Rumit Devchand Shah

 

Role within Committee
President
E-mailrumit.d.shah@oshwal.org
Personal Bio
I graduated from LSE and qualified as a chartered accountant and chartered tax adviser. After qualifying I pursued a career in investment banking with Bankers Trust and then Deutsche Bank, closing complex and large financing and structured transactions. I have a thorough understanding of business organization and structures and vast experience in origination, execution and the development of domestic and cross border financing solutions. I possess excellent commercial and business acumen, leadership and communication skills.

I believe in the philosophy of giving back to society and after leaving Deutsche Bank was involved full time with a conservation charity saving the Chinese tiger from extinction. I have also been involved with OAUK for a number of years including Chairing the Board of Advisors.  I have been instrumental in creating a business and professional network, leading large events including the Oshwal and Career Development Fair and the Oshwal Health Fair. I have assisted the community at large by organising webinars on topical subjects on wealth, health and education.  Other interests include golf and other sports and organising events.

Vision for OshwalMy vision for OAUK is to build on the foundation we already have. The organisation needs to evolve to ensure the needs of all our community members are met and to ensure we, as Oshwals, are also involved in the wider society. We need to nurture and engage with our young people and ensure they are involved with the running of our community.  We also need to ensure that our centres are widely used by our members.

OAUK is now a sizeable organisation and with that comes a lot of responsibility. We need to build an organisation with good governance. To this end, the Board of Advisors can serve a meaningful role as an independent non-executive body providing advice and guidance and helping to facilitate change. This will result in decision making being more transparent and more members taking part in all aspects of community. We need to ensure Jain values are preserved in everything we do, for example, looking after the environment, treating people with kindness and Sewa.

Ultimately, the aim is to create a transparent organisation with good governance and management. Our community’s success and true value should be measured by the engagement of all our members not by the size of the balance sheet.