Saurabh Narain is Chief Fund Advisor to National Community Investment Fund and Senior Managing Director at ShoreBank Corporation. He joined NCIF in 2003.

NCIF is a non-profit private equity fund that invests capital in community development and minority banks in the country. It has investible capital of $22 million and New Markets Tax Credits of $38 million. Saurabh leads all activities of NCIF including raising capital and grants, investing private equity into community development banks, deploying NMTC dollars and managing the CDBI Exchange Network, which brings in best practices in risk management, valuation and corporate governance to the sector. He has provided thought leadership in the development of Social Performance Metrics for community development banks that can be used by the banks to differentiate themselves while raising capital. He is also involved in policy and advocacy for the industry.

Prior to NCIF, Saurabh has had extensive experience in capital markets and risk management having worked at Bank of America for almost 17 years based in Asia and the US. In Hong Kong, he was Managing Director, Head of Derivatives Marketing, Non-Japan Asia. Saurabh came to the US in 2000 as Managing Director/Head of eCommerce for Global Derivatives. Over the years, he has worked in almost 10 countries in Asia/US and in dealing with financial institutions, global multinational corporations and governments. He is involved with the microfinance and micro entrepreneurship movement in India.

Saurabh was appointed to the Consumer Advisory Council of the Federal Reserve Board for a 3 year term in 2008 (http://www.federalreserve.gov/generalinfo/adviscoun/cac/).

He also serves on the Boards of CDFI Coalition (http://www.cdfi.org), the NMTC Coalition (http://www.newmarketstaxcreditcoalition.org) and is a member of the Steering Committee of the Professional Risk Managers International Association, Chicago Chapter (http://www.prmia.org). He has previously served as the President of the Board of the Health Clinic of the Asian Human Services, the Council of the United Way of Metropolitan Chicago, Board of FpML.org and of the North Asia Steering Committee for International Swaps and Derivatives Association. Saurabh is a regular speaker at industry conferences organized by the Federal Deposit Insurance Corporation, CDFI Coalition, NMTC Coalition, Novogradac, Chicago Microfinance Conference among others.

He has a Bachelors of Arts (Honours) in Economics from University of Delhi and an MBA from Indian Institute of Management in Ahmedabad (1985), India.