Citigroup has created a new role for an ECM head in India, appointing Ravi Kapoor from DSP Merrill Lynch. Kapoor will develop the business alongside Hong Kong-based MD Craig Duffy, who has run the firm's many equity-linked transactions from the subcontinent over the past two years.
At DSP Merrill Lynch, Kapoor was executive vice president, head of equity origination and capital markets. For the past two years, he also held the title of co-head of investment banking.
Two of his most recent high profile transactions include last summer's $1.2 billion IPO of Tata Consultancy Services and the $2.3 billion sale of a 10% government stake in Oil...
