Nomura has appointed Nipun Goel to head investment banking and Nitin Jain to co-head fixed income for its India operations.
Nomura India received a merchant banking licence in December 2008. In February 2009 it announced it was launching sales and trading and investment banking operations in the country. However, in a downsizing in April that same year, which took place across Asia but hit India hard, Nomura let go of nine people in its then 26-strong India investment banking team, including some of its most senior staff. In synch with other investment banks, it has since been rebuilding, both in India and across Asia.
Goel joins from Merrill Lynch India, where he spent...
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