Mr. Sunil Kashyap moved to Hong Kong in 2001 to head Scotiabank’s Precious metals business in Asia. He has been instrumental in setting up the Bank’s bullion business in several Asian countries and has been closely involved with the liberalization process of the Indian, Chinese and Middle Eastern bullion markets.
He oversees a precious metals business that operates within a strong regulatory and governance framework in compliance with the Dodd-Frank Act, Conflict-Free Mineral legislation, NSFR rules, OFAC Sanction lists, Reach legislation, Volcker rule and Transaction Reporting.
He is a member of the International Advisor’s Committee of the Shanghai Gold Exchange and former Chairman of Bullion Singapore Market Association. He is also a member of Membership Committee of London Bullion Market Association. He is also in the advisory group of Reuters of Asia, advisory group of Hong Kong Exchanges and Clearing (“HKEX”) and the advisory group of the National Stock Exchange in Mumbai. Given his various roles in the above mentioned Industry Committees, Mr. Kashyap actively provides advice on markets and industry trend which may include specific advice on instruments covering securities and futures products.
During his 24-year career in the gold markets in Asia, Australia, Europe and Middle East, Sunil has developed relationships with producers, refiners, shippers, consumers, commercial and central banks. He has hands-on experience of sourcing Dore, refining metal, shipping and distributing bullion bars across the key markets of Dubai, India, South East Asia and China. He brings an in-depth understanding of the key challenges faced and market forces influencing participants in the physical gold supply chain.
Sunil holds a Master degree in Business Administration from Cornell University, Ithaca, New York and is an engineering graduate from IIT, New Delhi.