Macquarie hires M&A specialist Kalpana Desai

The former Merrill Lynch banker will become deputy head of Asia for Macquarie Capital Advisers.

Macquarie Group has hired Kalpana Desai as deputy head of Asia for Macquarie Capital Advisers, the firm's corporate advisory and equity underwriting business, it said in a release yesterday.

Desai has more than 20 years of investment banking experience, according to the Macquarie announcement, and was most recently a senior managing director and head of Asia-Pacific mergers and acquisitions at Merrill Lynch. She left Merrill, part of the enlarged Bank of America Merrill Lynch, in May this year after 11...

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