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Backwater Oldbridge is provider of M&A and investment banking solutions for corporates and fund houses with key focus on MENA region and the state of Turkey.

Established in 2015 as an equal joint venture between Oldbridge Invest LLC of UAE and Backwater Capital Advisors LLP of India, BwO specializes in solving the capital dilemma of mid-market corporates across various industry segments.

Leadership Team

BWO Leadership team consists of seasoned investment professionals with about 100 years of core advisory / investment experience.

bwo team

Mr. Kulab is the founder and the chairman of Oldbridge Invest LLC, the UAE. He is credited with more than three decades of commercial and investment banking experiences with leading local, regional, and international banks such as :

  • Citi Bank
  • Gulf International Bank
  • First Bank
  • Noor Bank

Mr. Kulab was the founding member of Assel Finance [Abu Dhabi], and Reem Investment. In the recent past, Mr. Kulab also held the offices of :

  • The CEO of Noor Bank
  • The Group CEO of Abu Dhabi Capital Group

Presently, Mr. Kulab holds the office of the Group CEO of Al Nahdha Investment Group apart from serving the Boards of a number of reputed corporates as a director.Mr. Kulab is a graduate in economics and business administration from the University of Tennessee, the USA.

bwo team

Sunil Kallamangalam co-founded Backwater Capital in India in 2010 as a boutique investment banking and transaction advisory firm. Sunil has about 20 years of industry experience in financial strategy, investment banking, and M&A Transaction advisory. Prior to Backwater, Sunil worked with the leading advisory firms in Africa, the Middle East, and in India:

  • Arthur Andersen [Strategic Financial Services]
  • Grant Thronton [Corporate Finance]
  • EY [M&A Transaction Advisory]
  • Sunil is a CFA charter holder and fellows of the Institute of Cost and Works Accountants of India, Institute of Cost and Management Accountants, London. Sunil also holds Bachelor's degree in commerce and post graduate diploma in business administration.

bwo team

Eda is the founder and chairperson at Aura Invest Group, Turkey. Eda has worked closely with a number of reputed corporates and with the Turkish governmental / quasi-governmental agencies over a period of last eight years, with key focus on investment management and investments related risk management. Through Aura Invest, Eda maintains a key focus on the SME / mid-cap sector in Turkey and the Middle East in the field of investment banking.

Eda advises Backwater Oldbridge in its initiatives in Turkey.

Eda holds Bachelor's degree in International Relations (Arel University-Turkey and Columbia University-USA and lateral Bachelor's degree in European Union Relations (Bahcesehir University,Turkey)

bwo team

Jose Mekkalath co-founded Backwater Capital in India in 2010 as a boutique investment banking and transaction advisory firm. Jose has 15 years industry track record with experience ranging from Assurance, M&A and Private Equity. Prior to Backwater, Jose has worked with the leading advisory firms for over a decade in India and the Middle East :

  • Deloitte [Assurance ]
  • PwC [Assurance]
  • KPMG[M&A Transaction Services]
  • EY [M&A Transaction Services]

Jose is a fellow of the Institute of Chartered Accountants of India, and holds a Bachelor's degree in commerce and finance.

bwo team

Credited with about a decade's core experience in Private Equity and Investment Banking in the MENA, Europe and North American regions, Junaid has worked across the PE value chain ranging right from deal origination to due diligence, valuation, financial modeling, deal structuring and documentation and post-deal integration. Presently serving as the Investment Manager at Al Nahdha Investment Group, Abu Dhabi Through his career, Junaid held key positions in a number of investment / Private Equity houses:

  • Abu Dhabi Capital Group – as investment analyst
  • Bank Alfalah Limited – as investment analyst

Junaid is a CFA charter holder and has a master's degree in finance from Johns Hopkins University where he was a Fulbright scholar. Junaid also has a master's degree in Computer Science and a B.Sc (Hons) degree in Economics from Lahore University of Management Sciences "LUMS".

bwo team

One of the co-founders of Backwater Capital India, George Joseph is also the founder and Managing Partner at G.Joseph & Associates, one of the leading firms of Chartered Accountants in South India. Credited with more than 30 years of professional experience in the field of Assurance, Taxation, and cross boarded transactions and related tax structuring.

George advises BackwaterOldridge in its initiatives in India and in matters relating to Assurance and taxation.

George is a fellow of the Institute of Chartered Accountants of India and holds a Bachelor's degree in commerce and finance.

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