The Royal Bank of Scotland has appointed Devesh Kumar as head of equities in India, FinanceAsia reports. Based in Mumbai, Kumar will be in charge of cash equity (research and sales), equity derivatives and the equity financing businesses in India.
He will work under Peter Irvine, head of Asia-Pacific equities and Ramit Bhasin, head of markets for India. Prior to this, Kumar was working as CEO with Fortune Financial Services, a Mumbai-listed brokerage, investment banking and portfolio management firm.
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