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JUNE 13, 2014



Mass Mutual experts to guide South Asian clients



R I D G E WAT E R ( N J ) – Underscoring its commitment to the financial needs of the vibrant South Asian community in Metro New Jersey, Massachusetts Mutual Life Insurance Company (MassMutual), along with general agency Emerald Financial Resources (Emerald Financial), has introduced its local team of financial professionals who will be dedicated to serving the that fiscally astute group. Emerald Financial, a MassMutual general agency, has been serving the Bridgewater and surrounding area since 1998, helping more than 11,000 clients achieve their financial goals. The new members of the Emerald Financial team will be working with South

Asian clients, developing the combination of products and services that best meet their individual needs. The addition of the team marks the first time MassMutual has had a South Asian-only sales unit in the heart of this community. The new associates, who have nearly 75 years of combined industry experience, are Deepak Malhotra, Al Devji, Shamsha Devji, Hal Gandhi, Varsha Patel, Anil Sharma, Sanjeev Shah and Alpesh Shah. “MassMutual and the South Asian community are meant for each other,” said Nimesh Trivedi, director of multicultural marketing for MassMutual, specializing in the South Asian market. “The company’s longevity, financial strength and flexible line of superior financial products can help South Asian families secure

their future and protect the ones they love.” “Our new team of South Asian financial professionals is well-placed here in the heart of New Jersey, among the largest South Asian population in the country,” added Michael Vesuvio, Emerald Financial general agent. “It is comprised of experienced and knowledgeable professionals who come from – and are a vital part of – the community they serve. We look forward to providing keen insight and strategic guidance to those whom we will serve.” A recent MassMutual 2013 State of the American Family Study echoed the strong tendency of the South Asian community to put family first, with South Asian respondents sharing that their top two financial priorities are saving for children’s college education and keeping the family financially shielded:

FIA hosts grand kick-off, consular expo to herald I-Day fete



HICAGO-IL:The Federation of Indian Associations-Chicago (FIA) hosted a grand kick-off event meaningfully fused it with a ‘consular expo’ to herald the exciting festivities to be hosted in celebration of the Indian Independence Day, on June 8, 2014. The Indo American Center in Chicago was packed to capacity with guests. The Consular Expo was convened immediately following the kick-off ceremony with a mission to disseminate valuable information provided by the ConsulateGeneral of India. Consul-General Dr. Ausaf Sayeed eloquently outlined a wide range of services that his office provides while emphatically showing his determined willingness to provide these services proactively as he fielded a plethora of queries from the public regarding passports, visas, OCI/PIO cards and further opening the opportunity to see the applicants at his office on June 10. After the auspicious lighting of the lamp by a host of board members and Trustees, an official declaration was made by the FIA to host a series of festivities in commemoration of India’s Independence with Grand India Parade as its crown-jewel event with gala banquet, flag-hoisting ceremony and colorful music/food mela. THe FIA heaped effusive praises on Dr. Sayeed for taking this historical initiative to host the Consular Expo by bringing his top-ranking consular staff, including Consul Gangte and Vice Consul Vishav Pal with members of outsourcing Company Cox & Kings Global Services to address a whole range of issues and queries from the community. Outlining in his declarations, FIA president Keerthi Kumar Ravoori officially announced a much bigger and larger festive

events for summer 2014 centered on the celebration of the India’s Independence with Grand Parade at the center with series of other ostentatious events including the gala banquet, the Taste of India Festival and a flag-hoisting ceremony in downtown. Alderwoman Debra Silverstein of the 50th ward declared that she takes great pride in hosting the India Independence Day Parade on Devon Ave. (Mahatma Gandhi Marg). Silberstein outlined the plans to significantly overhaul and beautify the stretch of Devon Ave that includes wider sidewalks, murals, landscaping and other elements that seeks to enhance the outlook of the sprawling India town shopping center. Silverstein said that Devon Ave was analogous to a ‘diamond in the rough’ and added she would work tirelessly to bring a bright sheen to the streets of Devon Ave. with its major overhaul streetscape projects. State Senator & Committeemen Hon. Ira Silverstein gave his greetings and pledged his support to the Indian festivities. Smita Shah, Parade Chair, addressing the guests pledged that she will work hard to make the 2014 Parade a spectacular parade of all times replete with exciting additions and top-ranking elected officials to march. Earlier, Iftekhar Shareef, Trustee Chair, introduced Dr Sayeed and described him as an outstanding diplomat with a distinguished record of excellence. Shareef said Dr. Sayeed was committed to the values of community service. In the light of the new state laws that now provides drivers licenses to qualified undocumented applicants, this Consular Expo had played a major significant role in bridging the immigrants with the office of the Consulate General in finding solutions to their issues and problems. Dr. Bharat Barai, FIA leading trustee, who recently was invited to the swearing-in

ceremony of Prime Minister at the presidential palace in Delhi, presented his fresh perspectives about the new era that has dawned upon India with Narendra Modi taking up the reins of leadership. Chandresh Brahmbhatt, executive vice-president, welcomed the guests at the Consular Expo which was coordinated by Akhtar, vice-president. Sohan Joshi and Babu Patel sponsored the lunch and Ajai Agnihotri directed the twin programs. Basanati Banerjee, president of the Indo American Center, extended a warm welcome to the guests. Earlier in the program, four colorfullydressed young children presented a traditional invocation dance led by Lavanya to further shore up the excitement. Several of FIA’s leading trustees and board members participated, including Sohan Joshi (NFIA president), Babu Patel, Kanti Patel, Bhailal Patel, Ajai Agnihotri, Ranjit Ganguly, Dr. Indrajit Patel, Sateesan Nair, Minhaj Akhtar,Sanhita Agnihotri, Harish Kolasani, Hina Trivedi, Ankur Chaudhary & Sher Rajput. Following the Kick-off, the interactive Consular Expo set the tone for an intense information dissemination exercise by a host of the consular staff. This major information dissemination endeavor to showcase their mission was led by Dr. Sayeed who attached extraordinary personal interest to address each and every query posed to him by the packed audience many of them being senior citizens. The India Independence Day Parade and Pageantry will be held on August 16 at Devon Ave. & Western Ave., Gala Banquet & Cultural Extravaganza on August 10 at Meadows Convention Center, Flag-Hoisting & Cultural Program at Washington St. & Dearborn St (Downtown) and the Taste of India & Musical Youth Festival on August 16 at Devon Ave. & Washtenaw.

--Sixty-seven per cent of South Asians said they think about what is best for the family when making financial decisions. --Three quarters of South Asians indicated they believe that it is important to educate their children about finances to ensure a strong economy in the future. --Seventy per cent noted it is important not to burden their own children with the cost of caring for them when they get older. “We share the same values and concerns of our community,” added Deepak Malhotra, one of the managers on the Emerald Financial South Asian team. “We understand the importance of protecting our families and providing a college education for our children to this community and can help our neighbors prioritize these goals in their future plans.”

Prof N Mohan Reddy honored

Prof. N Mohan Reddy



LEVELAND (OH) — N. Mohan Reddy, an Indian American professor in the design and innovation department and former dean of Case Western Reserve University’s Weatherhead School of Management, will be the inaugural chairholder of a $3.6-million professorship that honors longtime benefactor and wellknown businessman B. Charles Ames. The endowed chair of the B. Charles Ames Professorship in Management was created with a $2-million gift from the Ames Family Foundation and gifts from friends and former colleagues. Joe Rice, principal at Clayton, Dubilier & Rice LLC (CD&R) and Ames’ good friend, made a $1-million gift toward establishing the professorship. Ames is the retired vice-chairman of CD&R in New York, former chairman and CEO of Reliance Electric Co., CEO of Acme Cleveland Corp., chairman and CEO of the Uniroyal Goodrich Tire Co. and a director and managing partner in the Cleveland offices of McKinsey & Co. To date, Ames has given $6 million to the university.


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