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Vikram Gandhi to lead CSFB's Global Financial group
By siliconindia staff writer
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Friday, 08 April 2005, 19:30 IST
NEW YORK:Credit Suisse First Boston has appointed Vikram Gandhi as head of the company newly enhanced Global Financial Institutions Group (FIG).
Gandhi will be responsible for integrating all of the companys financial institutions' capabilities into the Global Financial Institutions Group. This will include client coverage and the development and delivery of solutions to our FIG client base in a wide range of advisory and financing products, including derivatives and structured products.
Gandhi will be based in New York, and report jointly to Marc Granetz and Eric Varvel, global co-heads of corporate and investment banking, and Jim Healy, global head of fixed income. Mark Ellman will continue as head of the Financial Institutions Group within the corporate and investment banking business and will report to Gandhi.
Gandhi joins from Morgan Stanley where he has served as co-head of FIG since 2003, managing many of the firm's top client relationships in the U.S. and Europe. He was also one of the founders, and was key in implementing, Morgan Stanley's relationship management program in institutional securities. Gandhi joined Morgan Stanley's financial institutions practice in 1995 and then served as President of Morgan Stanley - India from 1997 until 1999, Chief Operating Officer of Morgan Stanley's e-commerce initiatives from 1999 through 2001 and head of strategy for the institutional securities business from 2001 until 2003.
"We are delighted that a person of Vikram's talent and experience is joining CSFB to lead and integrate our Global Financial Institutions practice," said Brady Dougan, Chief Executive Officer of CSFB. "This area is a strategic priority for CSFB and we look forward to Vikram's leadership in taking this business to the next level."
"We are particularly pleased that Vikram brings a strong background in relationship management with a focus on delivering client solutions in a wide range of advisory and financing products, including derivatives and structured products," said Healy.
"As we announced in December, our strategic plan highlights our financial institutions coverage as a critical part of our enhanced client focus," said . Varvel. "Vikram has a wealth of experience in leading high-profile bank M&A transactions and financings across the globe and, as part of CSFB's enhanced FIG practice, he will play a vital leadership role as we broaden our FIG relationships and build market share."