Lehman stations new Indian chief in Mumbai

Fixed income guru Tarun Jotwani is Mumbai-bound to steward Lehman's India platform.

Tarun Jotwani has been named chairman and ceo of Lehman Brothers India. He transfers to the sub-continent from London, where he had been working as co-head of European fixed income.

His fellow co-head, Andrew Morton, now takes sole control of that slot as Jotwani sets sail for Mumbai.

After an Indian investment banking push in the mid 1990's, followed by a quieter period, Lehman has now built a staff of 1,000 in Mumbai, where it focuses, inter alia, on developing...

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