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 Prasenjit K. Basu is currently the Singapore-based Chief Economist for Asia at Daiwa Institute of Research, the research arm of Daiwa Securities SMBC (Japan's largest investment-bank). In this role, he advises fund managers and other clients of Daiwa Securities in the US, Europe, UK, Japan, East Asia and India on investment opportunities and challenges in Asia's 11 largest economies. He is also a frequent commentator on economic issues on CNBC, the BBC, Channel News Asia, NDTV, Zee Business and other TV and radio channels across Asia.
Previously, Prasenjit spent about two years as Chief Economist and Director (Research & Investment Strategy) at Khazanah Nasional Bhd., the Malaysian overnment's investment holding company and sovereign wealth fund. He served as an advisor to Malaysia's finance minister, and played a pivotal ole in developing Khazanah's investment strategies in the agribusiness arena, serving as a founding member of the Board of Directors of the
Malaysia Agri Food Corp. Bhd. and laying the groundwork for start-up ventures in oceanic tuna-farming, shrimp aquaculture and scientifically-validated
health supplements based on traditional knowledge.
Prasenjit Basu began his career with the Asia Service of WEFA (Wharton Econometric Forecasting Associates) in Philadelphia, USA, in 1990, where he
advised major US and European corporations on investment-entry strategies into India in the 1991-94 period. He became Director of WEFA's Asia Service in 1994, but was then recruited by Union Bank of Switzerland as their ASEAN economist in November 1994. Prasenjit joined Credit Suisse First Boston in
1998, serving for five years as Chief Economist for South-east Asia and India, during which time he was rated among the top-3 Asian economists in
the Asset poll of Fixed-Income fund managers in two consecutive years.
Prasenjit obtained dual Master's degrees in Governmental Administration and International Relations from the University of Pennsylvania, and a BA
(Hons) in Economics from St. Stephen's College, Delhi. At the University of Pennsylvania, he taught courses in International Relations, Political
Economy of Development, and Religion and Politics in the Developing World.He was the co-author of "India as a New Global Leader" (a book published by
London's Foreign Policy Centre in 2005) and has written opinion articles for the International Herald Tribune, Philadelphia Inquirer, The Statesman,
Asian Age, Business Times (Singapore), New Straits Times and Asia Inc. He served for two years as a columnist for The Edge, the leading South-East
Asian financial weekly, and is currently a columnist for IndiaSe (a Singapore-based monthly magazine for NRIs). He was founder-Secretary (and
is now the President) of the India Club, Singapore (a society dedicated to celebrating every aspect of the resurgent new India) and is
founder-President of Singapore's Tagore Society.
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