Stock Report

JM Financial elevates Sonia Dasgupta as Chief Executive Officer, Investment Banking

Posted On : 2022-04-30 14:04:35( TIMEZONE : IST )

JM Financial Limited, India's leading diversified financial services group has announced the elevation of Sonia Dasgupta as Chief Executive Officer, Investment Banking. In the new role, she will lead the strategic initiatives and accelerate growth for the business.

Mr. Vishal Kampani, Non-Executive Vice Chairman, JM Financial Limited, said, "Sonia is a seasoned investment banking professional with a remarkable track-record. She brings the required leadership skills, industry knowledge and business insights to lead our business into the next phase of growth. We are delighted to have a home-grown leader at the helm of our Investment banking. Her strategic thinking and expertise will generate sustainable value for our clients."

Assuming the new responsibilities, Ms. Sonia Dasgupta Chief Executive Officer Investment Banking, JM Financial, said, "I am excited to take on the new role and responsibilities. Over the years, JM Financial has built a strong leadership position in the investment banking space across verticals. I aim to continue to work towards taking the rich legacy forward. With our strong team, we'll take the investment banking business to a higher growth trajectory.

Sonia Dasgupta comes with over 25 years of experience in the Investment Banking space. She has been associated with JM Financial since 1995 in different capacities. She succeeds Adi Patel and Atul Mehra who have been Co-Heads of Investment Banking business.

JM Financial Investment Banking offers a wide range of services to a significant client base that encompasses domestic and international corporations of repute. It has an unparalleled track record of 5 decades of executing Equity Capital Market offerings and M&A transactions with a deep sectoral understanding and long-term relationships with corporates.

Shares of JM Financial Limited was last trading in BSE at Rs. 76.75 as compared to the previous close of Rs. 75.65. The total number of shares traded during the day was 700596 in over 5431 trades.

The stock hit an intraday high of Rs. 79.90 and intraday low of 74.45. The net turnover during the day was Rs. 54274658.00.