JPMorgan names former Reliance M&A head as head of India investment banking | Techy Kings


BENGALURU, Oct 17 (Reuters) – JPMorgan Chase & Co ( JPM.N ) said on Monday it named former Reliance Industries ( RELI.NS ) executive Navin Wadhwani as head of its India investment banking business, under a series of management changes for the Asia-Pacific region .

Wadhwani has led M&A for oil-to-retail conglomerate Reliance for the past 10 years and was previously a senior managing director at Rothschild India.

JPM also appointed Kaustubh Kulkarni as senior national officer for India from 1 November. He will continue in his role as vice chairman of Asia Pacific. Kulkarni replaces Madhav Kalyan, who will now lead the US banking giant’s Asia Pacific Payments.

Vineet Mishra will be the sole head of Investment Banking for Southeast Asia.

PD Singh, currently head of JPM’s corporate banking in India, has been named as interim CEO of JP Morgan Chase Bank India effective Nov 1.

Reporting by Chris Thomas in Bengaluru; Editing by Devika Syamnath

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