Nomura appoints Indraneil Borkakoty as India head of equity capital markets

30 Aug 2010

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Tokyo-based global investment bank, Nomura announced the appointment of Indraneil Borkakoty as head of equity capital markets (ECM), India.

He will report to Nipun Goel, head of investment banking for India, and Mark Williams, head of ECM for Asia ex-Japan.

"This appointment is crucial to our strategy of building the leading ECM franchise in Asia. India accounted for 16 per cent of the total ECM volume in Asia ex-Japan in the first half of this year and is an important market for our ECM business," Williams said in an official release.

Prior to joining Nomura, Borkakoty had a five year stint at Kotak Mahindra Capital, where he headed ECM.

He has worked for ICICI Securities, KPMG and Lazard and has 15 years of experience.

Nomura India received its merchant banking license in December 2008 and has a strong investment banking presence in Mumbai providing relationship coverage, M&A advisory and execution, and capital markets expertise.

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