Rakesh Singh joins HDFC Bank as head, investment banking

HDFC Bank has appointed Rakesh Singh as head of its investment banking division.

Singh will be responsible for building loan syndication, project financing, corporate finance and advisory and debt and equity capital markets business.

He will report to Harish Engineer, executive director, HDFC Bank.

''It is an extremely important business for us, and will only grow in importance as we go along. We are confident our investment banking business will scale greater heights under Singh,'' said Engineer.

An MBA from IMT - Ghaziabad, Singh joins HDFC from Rothschild, India where he was the managing director and co-head - financing advisory.

At Rothschild, he was responsible for providing financing solutions and corporate finance advice particularly in the areas of acquisitions, debt refinancing, equity raising, debt restructuring, corporate restructuring and recapitalisation among others.