Ex KPMG Head Rajesh Jain To Lead IDFC's I-Banking Division
by Pranali Shah
Infrastructure finance company, IDFC Ltd has appointed Rajesh Jain as the Head of investment banking division at IDFC Capital, ET states. He will be managing the investment banking functions at IDFC capital and will report directly to Vikram Limaye, MD & CEO, IDFC Ltd.
Rajesh gets with him 27 years of experience having spent the last 14 years in the investment banking & consulting space. Prior to this, he was the Head of markets at KPMG and hadheld the position with KPMG as the Head of the markets and had executed one of the top ten deals in KMPG Global Network during his tenure there.
Rajesh has also worked with Zee Group as President- Corporate Finance & Strategy, where he managed finance & strategy for various businesses of the group. Earlier he was associated with RPG Group for almost 11 years.
Mr. Jain holds a Bachelor's degree in Commerce from Mumbai University and is a qualified chartered accountant.
The overall experience summary of Rajesh Jain includes:
10 years in Investment Banking, 14 years in industry across diversified sectors (Infrastructure, Metals & Mining, Consumer Markets, Industrial Markets, IT, Telecom, Media & Entertainment) and 3 years in consulting.
IDFC Capital is IDFC’s all-inclusive investment banking division with primary focus on identifying and investing in exceptional mid-market growth-oriented PE funds in the Asian emerging markets of China, India, Central Asia, and Southeast Asia.
Also, recently, Sumit Ganguly was appointed by the BDA LLC as the Head of Mumbai office; Macquarie Securities appointed ex. MD of Morgan Stanley as the MD and Head of Macquarie Securities India.
Mahindra Intertrade has partnered China Steel Global Trading Corporation, Taiwan and Mitsui & Co. (Asia Pacific) Pte. Ltd., Singapore to set up automotive steel service centre in India with a total investment of R150 Cr. Mahindra’s would have a 51% holding in the venture with remaining holding shared equally between China Steel and Mitsui.