Hitesh Sethia has been named Head of Europe at McLaren Strategic Ventures, with the goal of driving growth for McLaren Strategic Solutions and McLaren Strategic Capital. He will also lead the banking practise in other critical markets such as India, the United States, and the Middle East.
Hitesh is a seasoned banker with over 21 years of international experience with a proven track record of market development and business expansion in Europe, Asia, and North America. He joins McLaren Strategic Ventures from ICICI Bank Limited, where he previously oversaw the bank’s Transaction Banking unit. He is a Harvard Business School Executive Education alumnus and a Chartered Accountant from the Institute of Chartered Accountants of India. He also held several senior positions inside the bank and in important worldwide markets such as Germany, the United Kingdom, and Hong Kong. Hitesh will work at McLaren Strategic Ventures in Frankfurt, Germany.
Advisory Services, Domain Consulting, Product & Platform Engineering Services, Technology Services, and AI based Chip Design Services are all part of McLaren Strategic Solutions. Over 30 digital transformation companies are among its portfolio companies, including Doran Jones, ClearEye.AI, Atlas Silicon, Reflections Info Systems, and MSS consulting, to mention a few.
Commenting on the appointment, Rajashree Maheshwary, President, McLaren Strategic Solutions said, “We are delighted to welcome Hitesh to McLaren Strategic Ventures. The company’s vision has always been to play the role of a business accelerator and value creator to support innovative and disruptive entrepreneurial business ideas and position those for the next-level of growth. Hitesh has extensively worked across intersections of banking and technology. His multi-disciplinary experience across banking domains across global markets and in-depth expertise in technology application will further strengthen the banking systems of McLaren Group.”