Alok Vajpeyi Moves To Daiwa Capital Markets

02 May, 2011

Daiwa Capital Markets, a leading investment bank, has appointed Alok Vajpeyi as managing director and senior head of equities. Based in India, Vaipeyi will be responsible for the firm’s equities operations. He will be reporting to Shoichi Saito, regional head of equity sales and sales trading, and also to Nagahisa Miyabe, head of Asia-Pacific Research. Locally, Vajpeyi will report to Aditya Rattan, president, and Hiroaki Kato, joint president.

Alok Vajpeyi has over 27 years of experience in building and managing diverse and large-scale financial services business in India.

Aditya Rattan, president of Daiwa Capital Markets India, said, “We are delighted to have Alok join our equities team. His experience over the years will help us build a world class franchise in India.”

Vajpeyi was previously the vice-chairman and managing director of Dawnay Day AV, and also served as the president of DSP Merrill Lynch Investment Managers.

In 2008, New Silk Route Advisors, a private equity firm, acquired the joint venture firm, floated by UK-based Dawnay Day and Alok Vajpeyi. Since then, it has been renamed to Destimoney.

Dawnay Day AV was sold after the parent company Dawnay Day was unable to continue with the operations of the firm due to liquidity crunch. Vajpeyi had tied up with Dawnay Day International in 2005 to set up Dawnay Day AV, which provides services like stock broking, derivatives, third-party mutual fund products and wealth management services. Vajpeyi held 25 per cent stake and the remaining 25 per cent stake is held in a trust for the management.


Leave Your Comment
Daiwa Capital Appoints New Heads For Equities & Research In India

Daiwa Capital Appoints New Heads For Equities & Research In India

Bhawna Gupta 1 year ago
Japanese investment banking major Daiwa Capital Markets has promoted Sriram Iyer to head of equity and Kartik Mehta as the new head of research India....
Daiwa Capital Markets Appoints Sriram Iyer As Head of Sales Trading

Daiwa Capital Markets Appoints Sriram Iyer As Head of Sales Trading

TEAM VCC 1 year ago
Japanese investment banking major Daiwa Capital Markets has appointed Sriram Iyer from Antique Stock Broking as its executive director and the head of sales trading...
News Roundup: RIL In Talks With Raython For Homeland JV

News Roundup: RIL In Talks With Raython For Homeland JV

TEAM VCC 6 years ago
RIL In Talks With Raython For Homeland JV – Reliance Industries, India’s most valued company, is in “advanced talks” with American defence giant Raytheon to...
No Comments

Alok Vajpeyi Moves To Daiwa Capital Markets

Powered by WordPress.com VIP