Barclays Capital Makes Two Senior Hires In India Equities For Research & Sales Trading

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Mumbai - Barclays Capital has announced the appointments of Bhuvnesh Singh as Head of Equity Research, India and Neel Shahani as Head of Equity Sales Trading, India.

Singh has responsibility for establishing and developing Barclays Capital’s Indian equity research business. He will be based in Mumbai and reports to Stephen O’Sullivan, Head of Asia Ex-Japan Equity Research.

Singh joins Barclays Capital from Credit Suisse where he spent over 12 years and was most recently Regional Head of Infrastructure and Capital Goods and Co-Head of Global IT Services in Equity Research. He has also covered Indian Tech and Telecom sectors and previously worked at JM Morgan Stanley. Singh was ranked #1 in the Telecoms and Technology sectors in the 2011 India Institutional Investor Survey as well being ranked #2 for Asia Industrials and #3 for Asia IT Services in the 2011 All Asia Institutional Investor Survey. He was also ranked #1 for India IT Services in the 2010 Greenwich Survey.

Commenting on the appointment, Stephen O’Sullivan, said: 'We are extremely pleased to welcome Bhuvnesh to Barclays Capital. India is central to our overall plans for the Asia Pacific Equity Research platform and Bhuvnesh’s proven track record of success will be key to offering our clients a differentiated, top ranked equity research product'.

Shahani is responsible for establishing and managing the Barclays Capital’s execution and sales traders team in India as well as growing the business’s market presence. He is based in Mumbai and reports to Jeremy Norris, Head of Equity Sales Trading, Asia Pacific and Bhavtosh Vajpayee, Head of Equities, India.

Shahani joins Barclays Capital from IIFL where he was Head of Sales Trading managing a team of sales traders covering global markets. He has 18 years experience in sales trading and has previously worked at CLSA, HSBC and JM Financial.

Commenting on the appointment, Bhavtosh Vajpayee, said: 'Neel’s unmatched industry experience and close relationships with the region’s biggest and most influential clients will be a great benefit to us as we seek to build a robust, client focused equity franchise in India. We are delighted to have him onboard'.

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