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FOR IMMEDIATE RELEASE: September 1, 2006 Shikhar Ghosh Leads Risk Syndication Group The Kessler Group is pleased to announce that Mr. Shikhar Ghosh has been named Chief Executive Officer of its Risk Syndication Unit. As CEO, Mr. Ghosh will oversee the business unit that enables bank clients and their endorsing partners to generate additional income and improve strategic positioning with endorsing groups by making a credit card offer to previously unmailed segments. Mr. Ghosh brings to Kessler a wealth of experience and accomplishment — especially related to building new businesses. Shortly after graduating from Harvard Business School, he became a partner at The Boston Consulting Group. He then started APEX Corporation, a financial and fraud clearinghouse for cellular phone companies. After he sold that business to EDS (Electronic Data Systems), Mr. Ghosh founded (and subsequently sold) Open Market Inc., one of the largest and most successful commerce companies on the Internet. Prior to 2006, Mr. Ghosh was on the faculty of Harvard Business School as their Entrepreneur in Residence. Mr. Ghosh holds a BA from Bombay University and an MBA from Harvard Business School.
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