Bio

Mr. Siddique is co-Founder and Executive Chairman/CEO of Odyssey Capital and Tigris Water Company ("Tigris").

Odyssey Capital is the holding company of Tigris. The primary focus of Tigris is to develop and invest in decentralized environmental projects in high growth markets in Asia, including water and wastewater treatment, rooftop solar, energy efficiency, rainwater harvesting, EV charging, food waste treatment, etc for commercial, industrial and residential customers. Tigris’ strategy also involves providing private equity type growth capital, as well as strategic advisory and capacity building support, to several small to medium-sized environmental companies, including in India, Indonesia, the Philippines and Singapore.

Mr. Siddique is also the CEO of Jaan Water (https://jaanwater.com/) (“Jaan”), a branded mineral water business currently headquartered in Bali. Sustainably sourced from an artesian aquifer, Jaan’s water plant uses Singapore-designed technology to produce highest quality drinking water to customers in Bali, from high-end cafes and restaurants, to households and villages. Jaan is committed to reducing its environmental footprint by integrating renewable energy and resource conservation into its production process. This means no disposable plastic bottles, ever. Jaan is well positioned to expand its brand presence throughout Indonesia, and into other high growth markets in Asia in the medium term.

Mr. Siddique has over 35 years of global experience in infrastructure and financial services sectors (Asia, Latin America, US and Africa), including more than 16 years at IFC, the private sector arm of the World Bank. His experience in infrastructure finance and development, including Public-Private-Partnerships (PPPs), spans across all key infrastructure sub-sectors, including in Asia (China, India, Indonesia, SE Asia), sub-Saharan Africa, Latin America, Middle East North Africa, and the U.S. After establishing Odyssey Capital, he has advised more than a dozen water companies in Asia on various strategic and fund raising mandates, including on Public Private Partnership (PPP) projects throughout Asia.

While at the IFC in Washington D.C., Mr. Siddique led several investment transactions in the field of project finance, and structured debt and equity investments in the infrastructure sectors in high growth markets such as India, China, and other countries in Asia and Latin America regions. He was in charge of IFC's pioneering investments in the Latin Power Fund, the first private equity infrastructure fund for emerging markets, the Asia Mezzanine Infrastructure Fund, the first investment vehicle of its kind in Asia, and Profund, the first private equity fund targeting microlending institutions. From 2004-2007, he was based out of Hong Kong, and was the head of business development for infrastructure projects in the East Asia and Pacific region for IFC.

Mr. Siddique was Founder/CEO of Tigris Water Fund (TWF), which had global institutions (Macquarie, Prudential, FMO, Nippon Koei) as partners/investors. TWF’s investment focus was large, centralised water and wastewater treatment projects.

During 2009-2018, he served as Member of the Board of Directors and as Chairman of Credit Committee, Chairman of New Business Committee and Chairman of Integrity Due Diligence Committee of the US$1.5 billion Emerging Africa Infrastructure Fund (EAIF). EAIF is the leading infrastructure debt fund for sub-Saharan Africa.

During 2007-2009, Mr. Siddique served as the CEO and Board Member of Hyflux Water Trust (HWT), a global water infrastructure yield on vehicle investment, and led its IPO on the Main-board of the Singapore Stock Exchange. HWT’s investment focus was water and waste-water treatment, desalination, water recycling, and water distribution projects, primarily in China, the Middle East and North Africa region and other high growth markets. Under his tenure, HWT delivered first year Distribution per Unit and Net Profit which exceeded IPO forecast, and also increased HWT’s total water assets size under management by 112%. Mr. Siddique was also a member of the top management of Hyflux Ltd. in Singapore, one of the leading water infrastructure companies in Asia, where he was responsible for Hyflux’s India operations and Engineering, Procurement and Construction (EPC) business globally, Hyflux’s business development globally and assisting the Group’s CEO/Founder in overseeing China and Middle East and North Africa markets.

He has worked extensively on infrastructure projects in China, and was the Chairman of the Board of 11 water project companies in China.

During 2009-2013, Mr. Siddique has served as Joint Managing Director, CEO and Board Member of Srei Infrastructure Finance Ltd (SREI), one of the leading non-bank financial institutions in India. At SREI, he was responsible for spearheading SREI’s infrastructure business, including the Project Finance group. The Project Finance group provides both senior and mezzanine/quasi equity financing to primarily mid-market infrastructure companies in various infrastructure sectors including power, roads, ports, water, telecom, and logistics. During 2009-2013, his achievements include upgrading the Project Finance group’s infrastructure domain knowledge and team strength, growing its loan portfolio from about USD200 million to USD2 billion, and substantially increasing the group's operating profits.  In addition to leading the Project Finance group’s business development team, he spearheaded the development and adoption of detailed credit policies, implementation of environmental and social management system policies, and the establishment of a separate Credit and Risk division. He also oversaw SREI's investment banking and venture capital businesses.

Mr. Siddique has also worked with the Swiss Bank Corporation (now UBS) in New York, where he was responsible for structured finance, leveraged buyouts, leveraged leasing, asset securitization transactions, and investments in financial institutions and municipal water infrastructure projects, all in the U.S.

Mr. Siddique has also served as the Chief of Party/Team Leader on a USAID funded advisory mandate to advise the Government of Pakistan on the financing strategy for the USD16 billion 4,500 MW multi-purpose Daimer Basha hydro-power project on a Public Private Partnership (PPP) basis.

In Singapore, Mr. Siddique was formerly a Special Advisor to the Board of Directors of WaterTech Pte Ltd, a Singapore-based water and environmental engineering specialist, which is developing water and urban infrastructure projects in emerging markets in Asia. He was also formerly a Member of Singapore SME Development Taskforce created to develop a programme to help Singapore’s SMEs expand overseas and become globally competitive. He has conducted seminars/workshops in Singapore, which were sponsored by Singapore government entities (such as Public Utilities Board, Singapore Spring) and industry organizations (such as Singapore Water Association, Sustainable Energy Association of Singapore) on financing strategies for SMEs, structuring infrastructure projects, business plan and growth strategy development, etc.

In India, he has taught at the Indian Institute of Management, Calcutta, one of the leading business schools in India, as a visiting faculty member. He was formerly Executive Committee Member, Indo-American Chamber of Commerce, and a former Member of Confederation of Indian Industry (CII), National Council on Infrastructure.

He currently serves as member of the Board of Directors of Winrock International (www.winrock.org). Established by the Rockefeller family, Winrock is a leader in international development and sustainability with projects in more than 50 countries including Africa, Asia and Latin America, and the USA.

Mr. Siddique holds a Bachelor of Science degree in Computer Science from the University of Maryland, and an MBA from Cornell University.

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