Bajaj Capital, a premier investment services company with 57 years of experience and pan India presence with 200+ branches, announced the appointment of T R Prashanth Kumar as Chief Business Officer- Investment Banking.
Bajaj Capital continues with its aggressive expansion into all areas of financial services & has built up a highly experienced team to build a strong investment banking business to help its clients raise funds and tap the stock markets. Investment Banking (IB) will be operating in both debt & capital markets as well as foreign borrowing to help companies reduce the cost of capital.
Prashanth Kumar has more than 35 years of experience in successfully building Investment Banking businesses in both private and public sector organizations. He has expertise in setting up investment banking business, build teams, run the function efficiently and successfully. He enjoys good market standing & credibility – with Corporates, Regulators, Investors, and other intermediaries. He is associated with marquee Initial Public Offerings and Debt Issues in Capital Markets.
Being an Investment Banker, Prashanth has handled multiple top management positions viz including Managing Director & CEO of BOB Capital Markets Ltd, Whole Time Director & CEO of Karvy Investor Services Ltd etc. He has also worked with organizations like Enam Financial Consultants, Canbank Financial Services, SBI Capital Markets, Edelweiss Financial Services, IL&FS Investmart etc. He has also been on the board of Association of Investment Bankers of India (AIBI).
In his new role, Prashanth will be having overall responsibility of Investment Banking Business at Bajaj Capital. Keeping in view the excellent Corporate & Institutional relationships of Bajaj Capital and strong retail distribution network for distributing financial products, his responsibility would be to build an efficient and effective Capital Markets Practice (Equity & Debt). Investment Banking would also assist Corporates in raising funds through Private Equity & Debt Syndication in addition to providing Advisory Service.
Commenting on the appointment, Sanjiv Bajaj, Joint Chairman & MD, Bajaj Capital, said, “We welcome T R Prashanth Kumar to strengthen and lead the Investment Banking division to greater heights. Going forward, Bajaj Capital will rely on Prashanth Kumar’s expertise in assisting Corporates to raise funds through Private Equity & Debt Syndication in addition to
providing Advisory Services.”
“T R Prashanth Kumar who is passionate about reading fiction and travelling has joined us on April 15, 2021, and we are happy to add Prashanth to the Bajaj Capital family,” it added.
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