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Religare Hires New Global Head of Equity Capital Markets From UBS

By TEAM VCC

  • 08 Jun 2011

Religare Capital Markets Limited, the investment banking and institutional securities arm of emerging markets financial services group, Religare Enterprises has roped in John Sturmey from UBS as the Global Head of Equity Capital Markets.

Sturmey joins Religare Capital with 15 years of investment banking experience. In his most recent assignment, he was Head of the Global Capital Markets Group - Asia, overseeing equity and debt capital markets at UBS.

In the past he has led UBS’ Asia syndicate and was one of the senior bankers responsible for building UBS’ capital markets franchise in Asia. He has also spent two years with RBS as Head of Equity Capital Markets – Asia.

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Sturmey, who will be based in Religare Capital’s Hong Kong office, is the latest in a series of executive hires in Religare Capital, that has a presence across emerging markets, with distribution capability in major international financial centers. It has around 300 people on its rolls.

Sutha Kandiah, Global Head of Investment Banking at Religare Capital said, "Religare Capital Market’s equities platform has developed strong international reach and John's track record and strong institutional relationships will help address the increasing requirements of our emerging markets corporate clients as we continue to expand globally.”

Currently, the principal areas of activity for RCML globally are institutional broking and research, equity capital markets and M&A besides offering broking services in the UK.

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