Macquarie Capital (Macquarie) today announced the appointment of Sanjay Agarwal as Head Equity Capital Markets (ECM) in India.
Mr Agarwal will be based in Mumbai and has more than 11 years of financial services experience. He joins from Edelweiss Capital Limited where he was involved in a large number of fund raising exercises and structuring innovative products.
Mr Agarwal brings extensive knowledge of the Indian Capital Markets to Macquarie. His appointment supports the continuing expansion of Macquarie’s Asian advisory and capital markets platform.
Macquarie's equity capital markets business in Asia is a leading underwriter of share sales, having managed the largest IPO in Hong Kong in 2008, 2009 and 2010. Its most recent underwriting role was for the initial share sale by Agricultural Bank of China, the world’s largest IPO ever. Macquarie Securities Group, the group's securities business, has built a reputation as the world’s largest distributor of Asian equities. It researches more than 1,200 Asia-listed securities and has more sales globally focused purely on selling Asia-listed securities than any of its competitors. In India this business ranks amongst the top 5 foreign brokers.
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services.
Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world.
Macquarie Group Limited is listed in Australia (ASX:MQG; ADR:MQBKY) and is regulated by APRA, the Australian banking regulator, as the owner of Macquarie Bank Limited, an authorised deposit taker. Macquarie also owns a bank in the UK, Macquarie Bank International Limited, which is regulated by the FSA. Macquarie's activities are also subject to scrutiny by other regulatory agencies around the world.
As an owner and manager of significant community assets, Macquarie works closely with governments around the world to deliver important services including transport, roads, airports and utilities. Funds which manage these assets contributed approximately ten per cent of Macquarie’s total underlying operating income for the year ended 31 March 2010.
Macquarie’s approach to risk management is long-standing. Strong risk management practices are embedded in business unit management with central oversight of credit, market, funding, compliance and operational risk. These, together with a strong, committed team are key drivers of Macquarie’s success.
Founded in 1969, Macquarie employs more than 14,600 people in approximately 70 office locations in 28 countries. At 31 March 2010, Macquarie had assets under management of $A326 billion.
About Macquarie Capital Macquarie Capital comprises Macquarie Group's corporate advisory, equity underwriting and specialised funds management businesses.
With offices in Australia, New Zealand, Asia, North America, Europe, South Africa and the Middle East, Macquarie Capital provides a depth of services including specialist capabilities in:
- Mergers and acquisitions, takeovers and corporate restructuring advice
- Equity capital markets, equity and debt capital management and raising
- Specialised funds management (including infrastructure and real estate funds)
- Debt structuring and distribution
- Private equity placements
- Principal products
