Meet Prabhat Awasthi, Nomura's new India head

Global investment bank Nomura has appointed Prabhat Awasthi as its new India head. The appointment will come into effect on April 1, 2017. Awasthi, who is currently India head of equities, will replace current head Vikas Sharma. Awasthi will report to Sharma, who has been elevated to head of Asia (excluding Japan). 
 

“Prabhat’s appointment is recognition of his outstanding achievements as head of equities, India, and the excellent relationships he has built with key institutional clients,” said Sharma. 
 

Awasthi has about two decades of experience in the Indian equity markets and assumed his current role at Nomura in 2011. He joined Nomura in October 2008 as Head of Equity Research, India, from Lehman Brothers, where he held the same position. 

Prior to that, he has worked with Brics Securities, JP Morgan, Morgan Stanley and Crisil.