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Mr. Hemant Desai

Chairman and Managing Director, 

Achiever's Success Story

Rising from an Ordinary Clerk of a Bank, to a Chairman of Leading Investment Services Company.

Mr. Hemantkumar Ishwarlal Desai is a recipient of INDIAN ACHIEVERS’ AWARD 2021. His winning this award, is a story of person scaling new heights, step by step; over 5 decades. Academically, he has done Graduation in Economics and Post-graduation in Business Management with specialization in Finance. 

He has long professional career spanning over 50 years. Four phases of his career are

1. Job with Bank (1971-1981).

In 1971, he was a student of Engineering when bad luck struck. He lost his father when he was just 18. He had to leave engineering and take up job in Dena Bank to sustain his family. In Bank, he learned complete banking including Advances, Foreign Exchange, LC etc.

2. Management Consultant (1981-1988).

He resigned Bank Job in 1981 and worked as Independent Management Consultant in the name of CONCEPT offering his services for Project Report and Proposal for Finance. He was in list of IDBI approved Consultant. He computerized the process of preparation of Project Report way back in 1988.

3. Real Estate (1988-1995).

He had brief career in Real Estate Business, but epidemic Plague in 1994 placed him in difficult situation of zero assets, zero income and huge liabilities. 

4. Capital Market (1995 onwards).

He turned to Capital Market in 1995 and set up the current business of Investment Services in the title of CONCEPT. Company grew horizontally and vertically to attain membership of BSE, NSE, MCX, DP of CDSL and Portfolio Manager. In CONCEPT, he had started as a small sub-broker and grew in to leading investment services company offering complete range to investment services. He is well conversant with all the aspects of Capital Market. 

He is now Chairman and Managing Director of CONCEPT INVESTWELL PRIVATE LIMITED. This company is focused on Fund Management and Investment Advisory services. This company has a competent and passionate Fund Manager Siddharth plus a team of 25 Conceptians. Company has been offering Portfolio Management Services CONCEPT WEALTH PLUS since 2009. Company has 3 plans Legend, Marvel and AI Dynamic that are delivering good returns to Investors. This company is first one to blend Artificial Investment AI in Fund Management. 

In addition to his entrepreneurial journey, he has been Managing Committee member of Chamber of Commerce for over 25 years. He was member of Governing Board of BSE Brokers’ Forum and ANMI. He is a founder trustee of Shree Goverdhan Trust.

He has attended Global Advanced Management Development programme of ISB + Kellogg. 

He has traveled in India and world-wide including USA, Canada, Europe, UAE and South East Asia.

He is believing in,

• Continuous Knowledge Enrichment.

• Plan and Execute business meticulously.

• Do not do anything that is unethical of illegal.

• Try to give back to Society.

At the age of 69, he is very healthy and fully active. 

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Bank Name: Kotak Mahindra Bank
Branch: Mayur Vihar-I, Delhi -110091

IFSC CODE :  KKBK0000203
MICR No.: 110485046


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