Arshad Zakaria
Arshad Zakaria is the Chairman of New Vernon Wealth Management. Prior to forming New Vernon, Mr. Zakaria was President of the Global Markets and Investment Banking Group (GMI) Merrill Lynch. As President of GMI, he was responsible for investment banking, debt and equity markets, and private equity on a global basis. In 2003, when he left Merrill Lynch to form New Vernon, GMI accounted for more than half of Merrill Lynch’s pre-tax earnings.
Previously, Arshad served as Head of Corporate Risk Management, Head of the Global Corporate Finance Group and as Chief Operating Officer of the group. Mr. Zakaria joined Merrill Lynch in 1987 in Investment Banking, and was named managing director in 1991.
Mr. Zakaria received his B.A. degree, summa cum laude, in applied mathematics, from Harvard University in 1985. He received his M.B.A. with high distinction from Harvard Business School in 1987 where he was a Baker Scholar and a recipient of the Loeb-Rhoades Fellowship for Finance.