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A weekly look at some of the most recent and influential people moves across the global banking industry. Simon Duffy reports.


Neelkanth Mishra – Axis Bank

According to press reports citing industry insiders, Neelkanth Mishra, co-head of Asia-Pacific strategy at Credit Suisse, has resigned from his post and is set to join Mumbai-based Axis Bank to lead its research business. A 20-year veteran of the Swiss bank, Mr Mishra led research at its India unit alongside his role as a member of Indian Prime Minister Narendra Modi’s Economic Advisory Council. Axis Bank declined to confirm the appointment.

Mr Mishra's appointment coincides with Axis Bank's CEO Amitabh Chaudhry’s plans to expand its wealth management and investment banking business, and follows Axis Bank’s recent hiring of Mr Mishra’s former Credit Suisse colleague and head of its India equity research department, Ashish Gupta. Axis Bank also concluded its $1.4bn acquisition of Citi’s India retail banking business earlier this month. 

In a rescue deal brokered by the Swiss government, UBS Group – Switzerland’s largest bank, agreed on Sunday to acquire crisis-hit Credit Suisse for $3.2bn. The acquisition puts thousands of banking jobs at risk, including positions in Asia, as UBS plans to cut the combined company’s annual cost base by $8bn over the next four years.


Anne Hiebler – Crédit Agricole CIB

Crédit Agricole Corporate and Investment Banking (CIB) has appointed Anne Hiebler as global head of mergers and acquisitions (M&A). She joins from French rival Natixis, where she worked since 2015 as a managing director on M&A transactions and mid-cap fundraising for the bank’s clients and private equity funds. 

Ms Hiebler brings more than 25 years of experience in advisory, M&A and equity capital markets transactions. She began her career in 1995 at Banexi, BNP Paribas’s M&A division, before moving on to Citi in 2000. She succeeds Bertrand Peyrelongue, who has chosen to exercise his right to retire. Based in Paris, Ms Hiebler will report to Laurent Capes, head of global investment banking.

Amit Tana

Amit Tana – Natixis CIB

Natixis CIB has appointed Amit Tana as head of coverage for India as it looks to diversify its presence in the country. The newly created role will see Mr Tana lead on driving the bank's India client strategy and originate transactions within its core areas of focus: renewables, digital infrastructure, tech and healthcare, as well as with financial sponsors and multinational corporations.  

Mr Tana joins Natixis CIB from Standard Chartered Bank in Hong Kong, where he has worked in a number of strategic financing and corporate finance roles since 2009, most recently as its regional head of leveraged and acquisition finance. Prior to Standard Chartered Hong Kong, he served as head of origination and client coverage for Bank Permata in Indonesia.

Peter Wikstrom

Peter Wikström – Citi

Citi has appointed Peter Wikström as a managing director within its Nordic banking, capital markets and advisory unit. The appointment comes as part of Citi’s continued strategic drive to expand its European investment banking business.

Mr Wikström joins from Geely, a China-headquartered multinational automotive technology company, where he was chief operating officer. He previously worked at Rothschild & Co as a managing director.

Commenting on the appointment, Lars Ingemarsson, co-head of Citi’s Nordic business, states: “The Nordic region is critically important to the success of the EMEA region and we are delighted to be able to support its growth and our commitment to the Nordic region through this hiring investment.”


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