Prakash Subramanian named India CEO of Millennium Capital

Prakash Subramanian, a former managing director at Standard Chartered Bank, has joined the US-based hedge fund Millennium Capital as its chief executive officer for India.

Millennium Capital, a global hedge fund based in New York, manages $57 billion in funds globally. The fund is expanding its presence by hiring a new management team and is aiming to invest in India.

Prakash worked for more than three decades in investment banking, treasury, senior management, and governance at ANZ Grindlays Bank and Standard Chartered Bank. Additionally, he oversaw teams in the areas of portfolio management, strategy, process, and governance, wholesale banking, debt and equity capital markets, and vigilance.