ICICI Securities Ltd has appointed L Govind as head of structured products and corporate debt restructuring (CDR). Prior to this appointment, Govind was working with Reliance Capital Ltd (RCL), where he was monitoring RCL’s debt and equity investments in corporates.
Govind is a visiting faculty at the Institute of Chartered Accountants of India (ICAI) and Institute of Company Secretaries of India (ICSI). He holds a post-graduate diploma in management from IIM-Lucknow and also a BE degree in Mechanical Engineering from Vikram University, Ujjain.
“Structured products and corporate debt restructuring is one of our key businesses of ICICI Securities and Govind’s wide experience in the area of corporate banking, credit & finance, asset reconstruction, including funding and recovery, and restructuring of distressed assets will further the relationship with our clients and strengthen our product offering,” said Ajay Saraf, executive director of ICICI Securities.
Headquartered in Mumbai, ICICI Securities is the largest equity house in India and provides end-to-end solutions through non-banking distribution channels. It offers a plethora of services like investment banking, institutional broking, retail broking, private wealth management and financial product distribution. Its online platform ICICIdirect.com provides online broking, as well as financial products and services over the Internet. Its retail broking arm ICICI Direct has over 2.2 million customers, making it one of the largest broking firms in the country.