Smyth Solutions, the credit and accounts receivable management services firm, has formed Smyth Asia, a new unit focused on providing Indian and Asian exporters with credit and risk management services. The unit will be headed by Uday Gobind Mahtani as managing director, who will be responsible for launching Smyth Asia in India and Asia.
Mahtani will be responsible for developing Smyth Asia’s presence by providing exporters in the software, information technology, auto, chemicals, and apparel industries with accounts receivable outsourcing and risk management solutions.
Smyth Asia will also establish trade credit and vendor compliance federation groups, as India will need a large number of trade credit and compliance specialists to meet the needs of its growing economy. “The combination of capabilities that we bring to this initiative will deliver exceptional value, control and performance to our clients,” says Smyth chairman, John Metzger. “Our truly deep experience in credit and receivables management coupled with Uday’s international trade finance expertise and knowledge of the Indian and Asian market provide our clients with a solution that fits today’s need for financial performance, audit and control.”
Mahtani is an experienced financial services executive who was most recently with Siemens Financial Services, where he was vice-president responsible for launching and developing the trade payables finance product. Mahtani has over 10 years of trade finance and international business experience as a financial services executive and a country manager and principal for an Indian exporting firm.