OREANDA-NEWS. March 21, 2012. HDFC Bank, the second largest private sector bank in the country, has appointed Mr. Donald D'Souza as its Head of Equity Capital Markets in the Investment Banking division. Mr. D'Souza will be responsible for building the equity capital markets business that includes origination and execution of capital raising mandates. He will report to Mr. Rakesh Singh, Head, Investment Banking. Mr. D'Souza is an IIM-Ahmedabad graduate and has been part of the Indian investment banking space for the around 17 years.

He joins HDFC Bank from IIFL, where he was President, Investment Banking. Earlier, he has held key positions in Kotak, CLSA and JM Financial. He has worked with some of India's leading corporates and private equity groups and has expertise in most equity products in Investment Banking including IPOs, QIPs, Rights, GDRs/ADRs, Block Deals, Mergers & Acquisitions and Private Equity.

Welcoming Mr. D'Souza, Mr. Singh said, "We are delighted to have Donald at the helm of our Equity Capital Markets practice, which has evolved to be an extremely important business for us. He has built a strong set of relationships with some of India's leading corporates and private equity groups and enjoys respect in the eyes of his colleagues and peers. Donald's long stint and rich experience of the industry will help us scale new heights. We wish him good luck."

Commenting on his appointment, Mr. D'Souza said, "It's exciting to have got this opportunity to work with HDFC Bank which has stepped up its presence in the Investment Banking space over the last couple of years. We shall strive to leverage its vast corporate banking relationships and add value by offering specialized, long- term solutions to build relationships on trust and commitment."