IndiaNivesh, India’s financial services firms, has appointed Premal Doshi as Managing Director – Investment Banking.
Earlier, Premal was heading the Equity Capital Markets of IndusInd Bank as its Executive Vice President. He played a key role in initiating the Public Equity Markets business for the bank. Prior to IndusInd Bank, Premal held leadership positions at several major financial services firms such as Ambit Corporate Finance, Antique Capital Markets, Motilal Oswal Investment Advisors, Lazard India and J P Morgan. Premal has over 25 years of experience in the banking and financial services industry.
On assuming his new role as Managing Director – Investment Banking at IndiaNivesh, Premal said, “IndiaNivesh is strengthening its Investment Banking Service offerings with a clear focus on taking this business to greater heights. Having a state-of-the-art infrastructure and a robust platform already in place, the emphasis will now be to service mid-tier corporate clients as well as promoters across sectors. IndiaNivesh with its Equity Capital Markets offerings and other services like Wealth Management, NBFC and Private Equity, will now complete its service offering bouquet and be able to function as a ‘one-stop-shop’ solutions provider for mid-tier corporates and others. I look forward to being a part of these exciting times and contributing in the growth story of the company.”
Speaking about the appointment, Rajesh Nuwal, Founder & Managing Director, IndiaNivesh said, “With Corporate India taking a lead towards the $5 trillion milestone by 2024, primary market activities will likely see a spurt. The growing need for the industry to raise risk capital in keeping pace with the economy will also fuel public fund raising activities in the coming years. Clearly, there will be exciting times ahead and an opportunity to build a targeted growth story for IndiaNivesh’s Investment Banking business with an industry veteran like Premal on board. We welcome him to the IndiaNivesh family and wish him all the best in his new role.”
