Utpal Oza, head of investment banking at Nomura in India, has resigned from the company, sources with direct knowledge of the matter told Reuters.
Utpal Oza, head of investment banking at Nomura in India, has resigned from the company, sources with direct knowledge of the matter told Reuters.
According to the sources, Amit Thawani, Managing Director and Head of Coverage Investment Banking, has succeeded Oza.
According to the sources, Amit Thawani, Managing Director and Head of Coverage Investment Banking, has succeeded Oza.
The company did not respond to a request for comment.
The company did not respond to a request for comment.
In recent years, Oza has helped Nomura sell ASK Wealth Management to Blackstone and diagnostics company Thyrocare to healthcare company PharmEasy, among other things.
In recent years, Oza has helped Nomura sell ASK Wealth Management to Blackstone and diagnostics company Thyrocare to healthcare company PharmEasy, among other things.
He has no plans to join a competitor and will oversee the transition at Nomura over the coming months, the sources added.
He has no plans to join a competitor and will oversee the transition at Nomura over the coming months, the sources added.
This is the second senior realignment at Nomura India this year, following the appointment of a new Head of Equity Capital Markets in January.
This is the second senior realignment at Nomura India this year, following the appointment of a new Head of Equity Capital Markets in January.
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