Citi appoints Kaustubh Kulkarni as co-head of investment banking for APAC

Mumbai: Citi appointed Kaustubh Kulkarni on Wednesday as his wife for investment banking for Japan, Asia North and Australia (Jana) and Asia South. Mint.

Kulkarni, located in Singapore, will begin the new role in December. Asia-Pacific Banking, Capital Markets and Advisory President and President will work with Jan Metzger. Kulkarni brings about thirty years of experience from his previous role in JP Morgan, where there are major merger and purchasing, debt and stock transactions for customers in Asia and India.

The appointment comes a month after Citi announced Vikram Chavali as the General Manager of Global Asset Managers for Jana and Asia South. Charavali joins from Goldman Sachs, the president of M & A, the sponsors of Asia’s former Japan. Hong Kong will be located and is expected to join Citi this year.

In addition, Deepak was appointed as the General Manager and Co -Chair of Debt Capital Markets for Deepak Dangayach, Jan and Asia South. Dangayach, who previously worked in Deutsche Bank and UBS, will join the company this year and will be in Hong Kong.

Citi received a stable acceleration in the investment banking department, and Nissan Motor in Japan, Chinese health companies – Hansoh Pharmaceutical and AsCletis Pharma Inc in Hong Kong, and led self -provisions, including a 97 communication in Singapore last month.

According to Dealogic data, Citi has collected about $ 200 billion for Asia-Pacific customers from local and global capital markets since the beginning of this year. The firm’s investment banking revenues increased by 15% compared to the previous year to $ 981 million. This growth was fueled by an increase of 52% in consultation fees that resulted in a strong performance in convertible securities and strong performance in the first public offering, and an increase of 25% in equity capital market fees.