Indiabulls Capital Market div gets new president

New Delhi, Jan 8: India"s leading Capital Markets Company, Indiabulls Securities Ltd has appointed Mr Ajay Bhatia as the President for its Capital Market division.

Mr Ajay, who was appointed on Tuesday, Jan 5, will be playing a key role in the establishment of an Institution Desk that would be very soon followed by an Investment Banking unit.

Based in Mumbai, Mr Ajay will be directly reporting to Mr Divyesh Shah, CEO, Indiabulls Securities Ltd, the company said in a statement.

Mr Ajay has over 15 years of experience in Institutional Broking, Research and Finance Marketing Strategy and is taking up the new role after successfully setting up the Institutional Broking Business arm at Macquarie.

Having worked with Enam Securities for 14 years, before Macquarie, where he headed Research and also managed the Market Strategy aspect of the business, Mr Ajay brings with him a huge 15 years of experience in Institutional Broking, Research and Finance Marketing Strategy.

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