Yes Securities, a subsidiary of Yes Bank, on Wednesday stated it has appointed Sameer Shetty as head of funding banking with fast impact in a bid to strengthen its prime administration management.

In addition, Anshul Arzare has been elevated to chief enterprise officer of the wealth broking and funding advisory enterprise and Amar Ambani will head institutional equities, Yes Securities stated in a press release.

“Given the bounce back in economy and markets, Yes Securities is all set to leverage and strengthen our key verticals of investment banking, merchant banking, wealth broking and institutional equities,” Prasanth Prabhakaran, MD and CEO, Yes Securities, stated.

According to him, these key prime administration elevations are an integral a part of transformation initiative aimed toward reaching management place within the trade.

Shetty will spearhead the home and cross-border merger and acquisition (M&A), non-public fairness, enterprise capital, debt syndication and different deal advisory practices of Yes Securities in shut coordination with Yes Bank personnel and the broader company and deal-making ecosystem.

He has over 20 years of expertise within the funding banking house throughout transaction technique, M&A, non-public fairness, particular scenario financing, deal structuring and company restructuring house.

Prior to becoming a member of Yes Securities, he was the Managing Director of InCred Capital. In his previous tenures, he has labored with Deloitte Touche Tohmatsu India LLP.

(PTI)