Credit Suisse strengthens investment banking in Mumbai

by Richard Kilner

Story link: Credit Suisse strengthens investment banking in Mumbai

Credit Suisse has appointed a new managing director of its India Investment Banking Department.

Pankaj Kalra will assume the Mumbai-based role, and take on responsibility for coverage of large cap clients in the Energy, Industrial and Telecom sectors.

He will report directly to the head of Investment Banking in India, V. Anantharaman.

The appointment of Kalra is the latest in a series the bank has made to bolster its Indian investment banking capabilities.

Recently Sughosh Moharikar, Samita Shah and Ashim Ahuja have all been added to Credit Suisse’s team in the subcontinent.

Kalra leaves behind DSP Merrill Lynch, where he worked for two years as a director of the general industries investment banking group, to join Credit Suisse.

Kalra has spent more than a decade with Merrill Lynch, occupying positions across the world in locations such as London, New York, Hong Kong and Singapore.