India-Born Woman To Head JP Morgan's North America M&A

Saturday, 07 March 2015, 00:28 IST
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A report in the New York Times said Aiyengar has worked on several of JPMorgan's biggest assignments in recent years, focusing on consumer, retail and financial institution deals.

Her high-profile multibillion-dollar mandates last year included food chain Burger King Worldwide's acquisition of Canadian multinational fast casual restaurant Tim Hortons, the clothing group Men's Wearhouse acquisition of men’s retailer Jos A Bank and office supplies company OfficeMax's merger with Office Depot.

The NYT report quoted from a profile of Aiyengar in which she said that she is "very passionate about having more women in broader financial services, and especially banking, not just M&A." 

In the profile, Aiyengar had said that being a woman has proven to be an advantage in connecting with clients with many becoming friends and mentors.

"Maybe it's stereotypical, but I do feel that listening skills are pretty important," she said.

Married for 18 years, Aiyengar has said she finds relaxation through Indian classical dance and tries to mentor younger women bankers, according to a report in Business World.
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Source: IANS