Watts is currently head of Merrill LynchÆs international business in Hong Kong, though he has been a member of the board of directors at DSP Merrill Lynch since 1997. He is considered a seasoned India hand, familiar with both the DSP Merrill franchise and the team on the ground. In his new role, Watts will work closely with Hemendra Kothari, founder and chairman of DSP Merrill Lynch. Kothari sold his stake in the Indian company to Merrill in 2005 and continues as chairman. Merrill Lynch currently owns 90%...
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