Board of Directors

  • Sanjiv Misra
    Non-executive Chairman

    Sanjiv is Chairman of the Asia Pacific Advisory Board for Apollo Global Management, a global private equity and alternative asset management firm, and President of Phoenix Advisers, a boutique advisory and principal investing firm. He is also an Independent and Non-executive Director of Olam International and a Member of the Boards of EDBI and Singapore Symphonia Company (Singapore Symphony Group).

    Sanjiv has extensive investment banking and management experience at Goldman Sachs and Citigroup. He held several senior positions at Citi; Head of Asia Pacific Investment Banking; Head of the Asia Pacific Corporate Bank; CEO of Citi’s Institutional businesses in Singapore and Brunei and Citi Country Officer in Singapore. He previously spent ten years at Goldman Sachs in New York, Hong Kong and Singapore.

    He holds a Bachelor of Arts Degree in Economics from St. Stephen’s College, Delhi University, a Post-Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad, and a Master of Management from the J.L. Kellogg Graduate School of Management at Northwestern University. He is a citizen of Singapore.

  • Clive Kerner
    Group Chief Executive Officer &
    Executive Director

    Clive joined Clifford Capital at its inception in 2012 and has led its successful growth as well as the development of two new businesses, Pierfront Capital and Bayfront Infrastructure Management, both of which are now housed in Clifford Capital Holdings (CCH). As Group CEO Clive is responsible for the overall performance of CCH and its strategic direction.

    He has 35 years of emerging markets finance experience as a CEO and in investment banking. Before joining Clifford Capital, he was CEO of Linq Asia Capital AG, a private credit business focused on South East Asia. He previously spent 20 years with Kleinwort Benson and its successor entities, holding senior positions in advisory and financing divisions covering the utilities, infrastructure and resources sectors, based in Singapore, London and Kuala Lumpur.

    He is also a Non-Executive Director of Changi Airports International and was a Non-Executive Director of Singapore LNG Corporation between 2013 and 2019.

    Clive holds an MBA from the Cass Business School in London and a BA in Economics from the University of Sheffield.

  • Lee Chuan Teck
    Non-executive Director

    Chuan Teck is the Permanent Secretary (Development) in the Ministry of Trade and Industry (MTI), where he oversees the growth of Singapore-based enterprises, the tourism sector, the utilities sector and competition and consumer protection issues. On the trade front, he focuses on South-East, South and Central Asia and Latin America.

    He started his public service career in the Monetary Authority of Singapore (MAS) in 1992. He assumed various roles in MAS including reserves investment, monetary policy and capital market regulation. Prior to his current appointment in MTI, he held the appointment of Deputy Secretary (Land & Corporate) in the Ministry of Transport from April 2014 to May 2018. In this capacity, he led the restructuring of the public bus and rail sector and also spearheaded the deployment of autonomous vehicles in Singapore.

    Chuan Teck is currently a member of the management board of the Institute of South Asian Studies.

  • Premod Thomas
    Chief Executive Officer and Executive Director

    Premod heads Bayfront Infrastructure Management and is responsible for the strategic leadership and vision of the company. He was previously Head of Corporate Strategy at Clifford Capital, where he oversaw the conceptualisation and execution of the inaugural Infrastructure Take-Out Facility by Bayfront Infrastructure Capital in July 2018.

    Prior to that, he spent several years with Bank of America, Standard Chartered Bank and the Temasek Group focusing on corporate finance, mergers and acquisitions, and new businesses.

    In addition to his executive role with Bayfront, Premod holds non-executive directorships in a number of companies including Singapore-listed Mapletree Commercial Trust, Fullerton India Credit Company, MGSA Private Trust and Gemstone Asset Holdings.

    He holds an MBA from the Indian Institute of Management, Ahmedabad and a Bachelor of Commerce from Loyola College, Madras.

  • Stefen Shin
    Non-executive Director

    Stefen is the Principal Investment Officer at the Asian Infrastructure Investment Bank, where he is a senior member of its investment department.

    Prior to this, he has held positions at China Financial Futures Exchange in Shanghai and leading global investment banks including UBS, Lehman Brothers, Merrill Lynch, and JP Morgan. He has also taught at several leading academic institutions, most recently at Central University of Finance and Economics in Beijing.

    Stefen has a Bachelor of Science degree from Columbia University, School of Engineering and Applied Science, in New York City.

Leadership Team

  • Premod Thomas
    Chief Executive Officer and Executive Director

    Premod heads Bayfront Infrastructure Management and is responsible for the strategic leadership and vision of the company. He was previously Head of Corporate Strategy at Clifford Capital, where he oversaw the conceptualisation and execution of the inaugural Infrastructure Take-Out Facility by Bayfront Infrastructure Capital in July 2018.

    Prior to that, he spent several years with Bank of America, Standard Chartered Bank and the Temasek Group focusing on corporate finance, mergers and acquisitions, and new businesses.

    In addition to his executive role with Bayfront, Premod holds non-executive directorships in a number of companies including Singapore-listed Mapletree Commercial Trust, Fullerton India Credit Company, MGSA Private Trust and Gemstone Asset Holdings.

    He holds an MBA from the Indian Institute of Management, Ahmedabad and a Bachelor of Commerce from Loyola College, Madras.

  • Nicholas Tan
    Chief Operating Officer

    Nicholas is the Chief Operating Officer of Bayfront Infrastructure Management, responsible for structuring and distribution activities. He was previously a Senior Director in Corporate Strategy at Clifford Capital, where he led the structuring, execution and management of the Infrastructure Take-Out Facility by Bayfront Infrastructure Capital in July 2018.

    Before joining Clifford Capital in December 2016, he was with Bank of America Merrill Lynch, covering the Energy, Infrastructure, Power and Utilities sectors for the investment banking division, where he led in origination and execution of capital markets (debt and equity) and M&A transactions for South East Asia. He was previously in investment banking with Standard Chartered Bank, covering the Asia mining and metals sector.

    He holds a Bachelor of Accountancy and Bachelor of Business Management (Summa Cum Laude) from the Singapore Management University.

  • Saumitra Shrivastava
    Head of Loan Acquisitions

    Saumitra oversees the loan acquisitions activities for Bayfront Infrastructure Management. He has extensive experience in originating and structuring complex project finance transactions across multiple sectors.

    Prior to joining Bayfront Infrastructure Management, his previous stints were with multilateral organisation and global commercial banks including Asian Development Bank, BNP Paribas and Sumitomo Mitsui Banking Corporation. He has financed and advised on projects across various geographies including, Asia Pacific, Central Asia and European and Middle East regions.

    He holds a Bachelor’s and Master’s in Economics from University College London, United Kingdom.

  • Richard Desai
    Chief Risk Officer

    Richard is the Chief Risk Officer of Bayfront Infrastructure Management, as well as the Chief Risk Officer of Clifford Capital.

    Prior to joining Clifford Capital in November 2012, he was an Executive Director at JPMorgan's Credit Risk Management group in Hong Kong. His 22-year career at JPMorgan covered various areas in the investment bank with the last 12 years within the Credit Risk Management group. He has had extensive exposure across multiple industries throughout the Asia Pacific region, with a focus on structured financings, debt restructurings and principal investment.

    A Canadian and British national, Richard holds a Bachelor's degree in Economics from the University of California, Berkeley.