Mr. Hemendra Kothari is the Founder & serves as Chairman at DSP Group. Mr. Hemendra Kothari is the Chairman of DSP BlackRock. He is also an Angel Investor. He represents the fourth generation of a family of prominent stock brokers. After serving the Stock Exchange, Mumbai, in the capacity of Vice President for three years, he was elected President in March 1991. He founded the company "DSP Financial Consultants Ltd." (DSP) in 1975 which has evolved into a full fledged financial services organization with offices in all the major metros in the country. In 1995, DSP entered into a joint-venture with Merrill Lynch and the name was changed to DSP Merrill Lynch Limited. Mr. Kothari served as the Chairman of the Company till March 31, 2009. Mr. Kothari is also a member of several leading representative trade forums including Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI). He also serves as Board Member at Foodworld Supermarkets. He also serves as Chairman at DSP Investment Managers.