clsa-india-hires-icici-securities-veteran

CLSA India hires ICICI Securities veteran

CLSA poaches Niranjan from ICICI Securities to co-head investment banking for India.
The investment banking subsidiary of ICICI Bank, ICICI Securities, witnessed a senior level departure when J. Niranjan, who headed investment banking for the firm, resigned on Tuesday to move to CLSA.

Niranjan joins former ICICI Securities colleague, Pankaj Agarwal, at CLSA as co-head of investment banking. Agarwal has been head of investment banking for a number of years and operates with a two-member team. CLSA enjoys a standing in the country as a leading brokerage house but is largely seen as a niche - but highly profitable - player in investment banking.

NiranjanÆs hire illustrates CLSAÆs desire to expand its footprint in India and win more market share, say sources. The firm is...
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