Deutsche Bank equities team strengthens with three new hires

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Mumbai, June 30 (UNI) Deutsche Bank today announced three key appointments in its subsidiary Deutsche Equities India Private Limited (DEIPL), with Abhay Laijawala being made Head of Research, Dick H Mody Head of Equity Sales and Pramod Ahwad Head of Dealing.

Announcing the appointments, Global Markets Equities Head Pratik Gupta said, ''I am delighted to welcome these three talented professionals into our equities' franchise. Their rich and varied experience in the Indian capital markets should add immense value to our clients and assist Deutsche Bank in further strengthening its institutional equities business.'' Prior to this, Mr Laijawala was Head of Asia Pacific Metals&Mining Research at JP Morgan, Mumbai and brings with him nearly 15 years of Equities experience. He was voted as runner up in the Asia Institutional Investor Survey for metals and mining for 2006 and 2007 and was also rated as one of India's best analysts in 2005 and 2006 by Business Today.

Mr Mody joins from Morgan Stanley, where he headed the sales effort in the USA for four-and-a-half years. Mr Mody brings with him 16 years of experience in the Indian capital markets and numerous institutional client relationships. Meanwhile, Mr Ahwad, who was earlier with Kotak Securities as Head of Dealing for four-and-a-half-years, brings in around 14 years of capital market experience.

UNI GS RN VKG1723

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