Nomura Holdings taps Mahesh Natarajan as head of ECM, India

25 Jan 2023 , 06:33 PM

According to two sources with direct knowledge, Nomura Holdings has appointed Mahesh Natarajan to head its equity capital markets business in India, a top-level investment banking hire that comes at a time when dealmaking is undergoing turbulence.

Natarajan will be joining the Japanese company’s Indian unit in the coming months.

Natarajan currently heads equity capital markets for Nomura’s domestic rival ICICI Securities, including initial public offerings and block deals, and has been with the firm for nearly 17 years, according to his LinkedIn profile. He previously worked for Morgan Stanley.

Mangesh Ghogre, who led Nomura’s equity capital market business in India until last month, will be replaced.

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