Ambit Capital CEO Saurabh Mukherjea quits to start his own venture

Mukherjea is known for his bold - often bearish- stance on the markets and the economy

Saurabh Mukherjea has quit domestic investment banking firm Ambit Capital, where he served as chief executive officer (CEO). The 42-year-old equity strategist is planning to start his own venture in the financial services space.

Mukherjea has been with Ambit for eight years. He joined in 2010 as CEO of institutional equities after a seven-year stint as head of Indian equities at Noble Group, formerly Execution Noble. In December 2016, he was promoted as CEO of Ambit Capital.

“I have spent 20 years in financial services. So my next venture will be in financial services. But the specifics I haven’t yet