Premal Madhavji is the new Head of Equities in India and will be responsible for expanding the group’s Institutional Brokerage business in the country.
José Maria Ricciardi, CEO of BESI, commented that “India is a high growth market for us and is likely to play a significant role in broadening our international presence. We see excellent opportunities in the Indian investment banking space currently.”
Premal Madhavji said, “BESI institutional equities business is well-regarded across the industry, the company’s differentiated research coverage of over 100 Indian corporate entities has successfully created a niche. In a short span of time the Bank has positioned itself as a leading securities house in India.”