HDFC Bank, the second largest private sector bank in the country, has appointed Mr. Donald D’Souza as its Head of Equity Capital Markets in the Investment Banking division. Mr. D’Souza will be responsible for building the equity capital markets business that includes origination and execution of capital raising mandates. He will report to Mr. Rakesh Singh, Head, Investment Banking.
Prior to joining HDFC, he was President – Investment Banking at IIFL. Mr. D’Souza is an IIM-Ahmedabad graduate and has been part of the Indian investment banking space for the around 17 years. During his career span he has held key positions at Kodak, CLSA, and JM Financials.
On the appointment Mr Rakesh Singh, Head – Investment Banking said, “We are delighted to have Donald at the helm of our Equity Capital Markets practice, which has evolved to be an extremely important business for us. He has built a strong set of relationships with some of India’s leading corporates and private equity groups and enjoys respect in the eyes of his colleagues and peers. Donald’s long stint and rich experience of the industry will help us scale new heights. We wish him good luck.”
Commenting on his appointment, Mr. D’Souza said, “It’s exciting to have got this opportunity to work with HDFC Bank which has stepped up its presence in the Investment Banking space over the last couple of years. We shall strive to leverage its vast corporate banking relationships and add value by offering specialized, long term solutions to build relationships on trust and commitment.”