Credit Suisse strengthens Indian coverage

August 13, 2008	(Be the first to rate this story!)  Loading ...
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Credit Suisse hired three investment bankers from India to strengthen its coverage of investment banking in the country. Sughosh Moharikar and Samita Shah have joined as Managing Directors of its Investment Banking Department, based in Mumbai. In addition, Ashim Ahuja will join as a Director of the investment banking team.

Sughosh Moharikar will be responsible for mergers & acquisitions advisory activities in India. He will play a key role in originating and executing India-related M&A transactions. He will report functionally to Joe Gallagher, Credit Suisse Head of Mergers & Acquisitions in Asia Pacific and locally to V. Anantharaman, Credit Suisse India Head of Investment Banking Department. Mr Moharikar joins Credit Suisse from Kotak Mahindra, where he worked for 14 years and was most recently Executive Director and Head of Mergers & Acquisitions.

Samita Shah will focus on emerging large-cap client coverage, facilitating the delivery of the full capabilities of Credit Suisse to clients in India. She will report to V. Anantharaman. Ms Shah brings with her 15 years of corporate finance experience across products and industries. She joins Credit Suisse from Lehman Brothers, where was she a managing director and co-head of the Asia Special Situations team in India. Before that, she worked for JP Morgan and ICICI Securities.

Ashim Ahuja will cover clients in the resources and infrastructure sectors. He joins Credit Suisse from Deutsche Bank, where he was Director, Global Corporate Finance. Before that, he worked for Lazard and HSBC Securities in India. He will report to V. Anantharaman.

“Many Indian businesses, from blue chips to middle-market companies, are keen to explore opportunities to expand their business both domestically and abroad, which plays well to Credit Suisse’s strength of combining local expertise and global reach. These hires will further strengthen our ability to take full advantage of this important market opportunity”, said Mr Paul Raphael, Credit Suisse Head of Investment Banking, Asia Pacific.

News Published Under:   Real Estate India, Banking and Finance |

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