Credit Suisse is shaking up investment banking in India with the hire of industry veterans Vedika Bhandarkar and Sandeep Pangal from J.P. Morgan.
Credit Suisse has appointed Bhandarkar as vice-chairman for India and head of its investment banking and global markets solutions group in India. Bhandarkar was most recently head of investment banking for J.P. Morgan in India -- a position she has held in Mumbai since 1998. She began her career with the ICICI group in 1989.
Joining Bhandarkar in the move to Credit Suisse is Sandeep Pangal, a managing director for investment banking at J.P. Morgan in India, who has been with the US bank since 1999.
Bhandarkar will report locally to...