Equity capital market dealmaker Amit Ramchandani, who was earlier an Managing Director, Investment Banking at JM Financial, has joined Motilal Oswal Group as the latter's new CEO of Investment Banking.
Motilal Oswal group announced the new role in a LinkedIn post on January 24.
Moneycontrol was the first to report Ramchandani's exit and proposed move on November 8
"After 5 eventful years at JM Financial and now cumulatively over 250 transactions under my belt , I felt like this was the right time to step up into a new challenge ," Ramchandani shared in a separate post on LinkedIn.
Prior to JM Financial, Ramchandani, an alumnus of Hansraj College and Jamnalal Bajaj Institute of Management Studies , was an MD, Investment Banking at IDFC First Bank.
He has also spent nearly a decade at ICICI Securities where he became Senior VP and Head ( Equity Capital Markets) and began his career at SBI Capital Markets.
Note For Readers: Corporate Crossings is a series from Moneycontrol that will focus the lens on important executive movements within companies and in the industry, and capture the exits and new innings of members of India Inc., investment bankers, lawyers, Big 4 professionals, private equity investors, & more.
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