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As a career banker for 25 years, he took a sabbatical from Deutsche Bank in 2008 to lead two important projects for the United Nations environment Programme, TEEB and the Green Economy Initiative.
These projects have created a new awareness for natural capital as a key factor of production and a means of solving persistent poverty, and for a 'green economy' as a new engine for development, decent employment, and povety reduction. At Deutsche Bank earlier, Pavan founded and chaired GMC (Global Markets Centre), a leading edge captive front-office offshoring company based in India.