ICAM

Logo ICAM (2)

Our Story

A Brief History of ICAM:

Established in August 2020, Impact Capital Asset Management Pte. Ltd. (ICAM) was conceived by seasoned professionals Deepak Mawandia and Atul Tetambe. Both have accumulated a wealth of knowledge and experience from their extensive tenures in the financial sector. In 2019, ICAM secured its RFMC license and subsequently introduced a technology-centric venture fund. By 2021, with the acquisition of its CMS license, ICAM witnessed steady growth in its assets under management. Presently, ICAM manages a portfolio exceeding USD 1 billion, diversified across various countries. Central to ICAM’s foundation is a commitment to offering a platform singularly dedicated to the best interests of its investor clients. The combined expertise of Deepak and Atul firmly establishes ICAM as a notable entity in the wealth management field.
Our Team

CMS License of ICAM

Impact Capital Asset Management Pte. Ltd. (ICAM) is the holder of a Capital Markets Services (CMS) License for fund management, issued by the Monetary Authority of Singapore (MAS). At ICAM, we are steadfast in our commitment to delivering exceptional quality, professionalism, and unparalleled client service, all while maintaining rigorous compliance standards.
ICAM is commited to:
Adhering to regulations: ICAM places a strong emphasis on adhering to regulations and guidelines designed to protect our clients and stakeholders. For example, we implement measures like segregating client assets from our operating capital and adhering to mandated minimum capital
Credibility and Trust: At ICAM, we place great importance on maintaining a reputation for stringent standards, transparency, and trustworthiness. We strive to provide our clients with complete and transparent information regarding our services, offerings, and any associated investment risk
Continuous Compliance: We actively commit to maintaining compliance with the continuously updated regulations set forth by MAS, ensuring that we are always in line with industry best practices.
Qualified and Trained Staff: Our personnel are equipped with the necessary qualifications and periodically undergo training to be up-to-date with industry happenings and knowledge. This guarantees that our clients receive informed advice and top-quality service.
Skyline
At ICAM, our CMS License isn’t simply a box to check in regulatory compliance; it’s a reflection of our commitment to ethical governance. Through rigorous compliance protocols, unwavering transparency, and an alignment of interests with our clients, we cement our role as a trusted financial steward.

Vision & Mission of ICAM

Our Vision
Guided by simplicity and conservativeness, we aim to reshape global finance with transparent, impactful investments that prioritize wealth growth, capital protection, and planetary well-being, especially concerning climate change.
Our Mission
Simplicity in Strategy: At the heart of our financial solutions is simplicity. We strip away the complications, ensuring our clients have a clear, comprehensible path to their financial goals.

Conservatism: Every decision made, every strategy crafted, is done with an eye on conservatism. We treat our investments with utmost diligence and care, eschewing undue risks, lofty ‘promises’, and get-rich-quick schemes.

Driving Impact: Financial goals should go beyond quantitative metrics. We actively seek and promote investments that drive positive societal and environmental change, with a pronounced focus on combatting climate change.

At ICAM, our vision and mission aren’t just guiding principles—they’re the foundational ethos we built the company on. We meld traditional values like conservatism with modern goals of positive societal change. Our journey is dedicated to being straightforward, secure, and sustainably impactful.

Meet the Team that Turns Vision into Value.

7
Deepak
Mawandia
Founder and Chief Executive Officer
With a career spanning 29 years, Deepak brings a wealth of experience to financial services, investing, and asset management. Before founding ICAM, he was the Chief Investment Officer for a multi billion  dollar single family office in Singapore, where he managed inter alia investments in real estate and renewable energy.

Deepak has successfully carried out ventures across multiple countries including India, Kazakhstan, the Netherlands, Sri Lanka, and China.

  • Expertise: Deepak is known for his strategic insight and attention to detail. His contributions to climate change mitigation, notably through involvement in various UNFCCC panels, have been significant yet measured. His background provides him with a well-rounded understanding of Corporate Finance, Project Finance, and Carbon Finance.

  • Education: Deepak is a Chartered Accountant from the Institute of Chartered Accountants of India, a Cost Accountant from ICWAI, and holds an MBA from INSEAD.
Atul
Atul
Tetambe
Co-founder and Chief Investment Officer
With a career that stretches over 26 years, Atul is highly skilled in equity research and fund management.

Before joining ICAM, he managed portfolios for a significant sovereign wealth fund and played a foundational role in an Asia Long-short equity fund. Atul's extensive network in the business community and his deep understanding of Asian capital markets distinguish him in his field.

Expertise: Atul excels in taking fund management enterprises from their initial stages to higher levels of success. His broad connections across private markets, sovereign wealth funds, and market intermediaries make him a vital resource at ICAM.

Education: Atul holds a Master's in Management Studies from Mumbai University and a Bachelor of Technology from the Indian Institute of Technology at Banaras Hindu University.


Picture1
Arjun
Dosaj
Advisor
With an illustrious 40-year career, Arjun Dosaj is a renowned figure in hospitality, real estate, and asset management. Before his current leadership at Avista Asset Management Pte. Ltd., he managed a vast USD 4.5 billion portfolio at Pacific Star Holdings Pte. Ltd.

His significant roles at Standard Chartered Bank in Singapore further underscore his expertise and prominence in the Asian market.

Expertise: With prowess in process reengineering and risk management, he's notably accomplished in hospitality asset management and real estate. His dedication to customer service excellence and his vast network in the business and investment arenas highlight his credentials.

Education: He holds a Bachelor of Commerce from Kurukshetra University, India and is a Certified Black Belt from GE Financial Assurance, Virginia, USA.



Headshot
Dhruv Prahladka, ACCA, CFA
Investment Associate
Dhruv brings a new dimension of commodities experience to ICAM, with 5 years of experience in Commodities Sales and Trading in Asia markets. His previous stint at a large Agri-Commodities trading firm has given him exposure to Risk Management, Research, and Commercial Strategy in agri-value chains.

Expertise: Dhruv’s background in commodities trading enables him to join ICAM’s efforts towards decarbonizing the value chains of various commodities (Palm, Sugarcane, etc.) across Asia, and Sales and Trading of associated Credits.

Education: Dhruv holds an Undergraduate Degree from Singapore Management University (Bachelor of Business, with majors in Finance and Economics) and another Undergraduate Degree from Oxford Brookes University (Bachelor of Science in Applied Accounting). He is also an ACCA Member and a CFA Charterholder.
Kian
Kian Wei Tan
Investment Associate
Kian adds a new dimension to ICAM with his fervent interest in wealth management. With three years of experience at a well-known fund and wealth management firm, he has developed a meticulous approach to research, ensuring that each analysis is both comprehensive and pertinent.

Expertise: Kian's focus on climate change and sustainable finance aligns well with ICAM's commitment to financial growth that is also environmentally responsible. This makes him particularly skilled at pinpointing and investigating investment opportunities that are in line with the company's ethical and financial goals.

Education: Kian earned his degree from The University of Manchester and has successfully completed his Level 1 CFA examinations, thereby strengthening his abilities in financial analysis and decision-making.
1621273227317 (1)
Himanshu S. Jha
Advisor
Himanshu brings a substantial 32 years of expertise to the table, covering a range of financial aspects including audits, risk management, and regulatory compliance. His comprehensive understanding spans AML, KYC, SOW verification, and a mastery of accounting standards such as IFRS, US GAAP, and US SOX Audit.

Risk Management: Himanshu excels in identifying risks in various sectors, including non-banking financial institutions, banks, and fund management companies. He specializes in recommending strong control systems to manage those risks.

Regulatory Compliance: He has proven skills in areas like tax functions, transfer pricing, and tax audits, as well as in developing AML programs. Himanshu has also represented clients before tax authorities, showcasing his proficiency in this domain.

Global Exposure: His international assignments in countries like the USA, Romania, and Germany have further expanded his skill set and understanding of global financial practices.

Education: Himanshu is a Chartered Accountant accredited by the Institute of Chartered Accountants of India. He also holds the title of Chartered Secretary and has a Bachelor of Commerce degree from Calcutta University.
WhatsApp Image 2023-09-22 at 10.27
Supriya D. Bhartu
Accounts & Compliance
Supriya brings an impressive 27 years of expertise in the financial domain, underscored by her vast experience in financial analysis, management accounting, and audit procedures. Her acumen encompasses critical financial skills such as bank reconciliation, financial reporting, and investment portfolio accounting. Moreover, she has gained comprehensive insights into GST preparation, corporate secretarial work, and XBRL financial statement submissions.

Audit & Compliance: Supriya is highly skilled in auditing SMEs and has vast experience in investment portfolio accounting and audit. She has demonstrated expertise in ensuring that records are accurate, controls are adequate, and in compliance with relevant laws and regulations. She is also experienced in GST preparation, filing, and corporate tax filing.

Global Exposure: Supriya's tenure in Singapore and previous experience in India has enriched her understanding of different financial landscapes and has equipped her with a global perspective.

Education: Supriya holds a Bachelor of Commerce, certification from the Association of Tax Technician of Singapore, and LCCI Higher Accounting Diploma.



PHOTO-2023-11-23-10-30-17
Chee Theng Kow
Head of Compliance
With a distinguished career spanning over four decades in private banking, Theng Kow brings a wealth of experience to the table.

Compliance: Over the last ten years, Theng Kow has honed his expertise in compliance, particularly within CMS-licensed financial services firms with high-level appointments. His extensive background encompasses a spectrum of skills, from regulatory compliance to risk management, and he boasts a proven track record of leading the development, implementation, and oversight of compliance programs. He is proactive in identifying and addressing compliance risks, resulting in enhanced operational efficiency and strict adherence to pertinent laws, regulations, and internal policies.

Operations: Theng Kow was Vice President & Head of Operations at international private banks. He possesses a profound understanding of the diverse financial products and services commonly offered in wealth management, estate planning, and investment advisory for high-net-worth clients in private banking.

Theng Kow is a highly skilled and knowledgeable professional adept at navigating the ever-evolving regulatory landscape. His commitment to driving operational excellence has left an indelible mark on the organizations he has been associated with.