|
Sridhar
is CMD NHB
New Delhi: S. Sridhar has taken over as chairman
and managing director, National Housing Bank. Earlier,
he was executive director, Exim Bank.
Sridhar
began his career with SBI in 1973 and joined Exim Bank
in 1985.
Back
to News Review index page
DSP
Merrill reshuffles top brass
Mumbai:
DSP Merrill Lynch is restructuring its global markets
& investment banking (GMI) business in India. As part
of this the company is reshuffling some of its key portfolios.
Amit Chandra has been elevated to the position of managing
director from joint managing director. He will head GMI
for India. He will be responsible for the firm's equity,
debt, investment banking, and principal investment businesses
in the country. He will continue to serve as a member
of the DSP Merrill Lynch board.
Nozer Shroff and Kaku Nakhate, executive vice-presidents
of the company, will serve as co-heads of equities business
in India, with expanded responsibilities for new business
initiatives in that space.
Jayesh Mehta, heading the debt trading business, will
continue as head of debt markets in the country with additional
responsibilities for certain key new initiatives.
Rajiv Garg, director, Merrill Lynch, Hong Kong, will move
to DSP Merrill Lynch, as head of Global Asset Backed Financing
Group in the country.
Kumar Shah, the firm's chief financial officer, will now
take on additional responsibility as the chief administrative
officer (CAO) of the firm.
Andrew Holland, previously CAO and executive vice-president
of research at DSP Merrill Lynch, will now become head
of the Strategic Risk Group (SRG) in India where he will
lead the equity proprietary trading activities of the
group. In addition, Andrew will also build a global research
group for SRG's activities overseas.
The new structure would allow the firm to work in a more
integrated fashion across the breadth and depth of Merrill
Lynch's global distribution and product platform, a statement
from the company said. Merrill Lynch recently scaled up
its holding in DSP Merrill Lynch to 90 per cent.
Back
to News Review index page
|
