HDFC Bank hires equity capital markets head

Donald D’Souza joins HDFC from India Infoline where he was president of investment banking.

HDFC Bank, India’s second-biggest private sector bank, has hired Donald D’Souza as head of equity capital markets ECM in its investment banking division.

D’Souza joined HDFC earlier this month and has already started his role as the head of ECM based in Mumbai, said a spokesperson at the bank. The banker previously worked as the president of investment banking at financial services company India Infoline.

In the new role, he leads the bank’s ECM business, which includes origination and execution of capital-raising mandates. He reports to Rakesh Singh, who is the head of investment banking.

Prior to that, D’Souza had held key positions...

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