Wadhwani’s role will now be split between Nitin Maheshwari head India M&A and Ravi Shankar, managing director technology and media at JP Morgan, people who have seen the internal announcement made on Monday said.
“Wadhwani was hired by JP Morgan in 2022 after Kaustubh Kulkarni was promoted to his current position at country head. His exit means that the bank’s plans have not worked out in a market which has slowed down substantially,” said one of the persons cited above.
A JP Morgan spokesperson confirmed that Wadhwani has resigned to pursue other opportunities “Nitin Maheshwari and Ravi Shankar will expand their responsibilities to become co-heads of Investment Banking for India, reporting to Paul Uren, head of investment banking – Asia Pacific,” the spokesperson said in an email response to a query from ET.
Wadhwani joined JP Morgan India as head of investment banking in October 2022. He was previously with Reliance Industries, where he headed M&A for atleast a decade. Prior to that, he was a senior managing director at Rothschild India and also worked with consultancy firm Arthur Andersen.
-
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
-
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
-
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
-
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
-
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
-
Marketing
Performance Marketing for eCommerce Brands
-
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
-
Finance
A2Z Of Money
-
Marketing
Modern Marketing Masterclass by Seth Godin
-
Astrology
Vastu Shastra Course
-
Strategy
Succession Planning Masterclass
-
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
-
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
-
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
-
Marketing
Digital Marketing Masterclass by Pam Moore
-
Artificial Intelligence(AI)
AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills
-
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
-
Marketing
Digital marketing – WordPress Website Development
-
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
-
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
-
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
-
Data Science
SQL Server Bootcamp 2024: Transform from Beginner to Pro
Maheshwari has been with JP Morgan since 2015 when he joined as India M&A head. He was previously with Credit Suisse.Shankar joined the bank in 2017 and was last incharge of new age and start up companies.
link
More Stories
Symposium on International Investment Law & Contemporary Crises: Do Investment Treaties Accord Too Much (or Too Little) Protection to Banking and Finance Investments?
PrimeRx Has Been Acquired by RedSail Transaction
Breaking Barriers: How Two WashU Scholar-Champions are Revolutionizing Investment Banking Recruitment with AI