Religare Capital Markets Strengthens Leadership Team with Key hires

MUMBAI, India - March 16, 2016 - PRLog -- Religare Capital Markets Limited (RCML), the Investment Banking and Institutional Equities arm of diversified financial services group Religare Enterprises Limited (REL), today announced the appointments of Varun Lohchab as Managing Director & Head of Research and Sanjay Vaid as Director & Head of Cash Sales Trading. Also joining the team is Rohit Ahuja - Analyst, Oil & Gas. They will be based at RCML's Mumbai office.

Commenting on the appointments, RCML's Chief Executive Officer, Gautam Trivedi said, "We are delighted to welcome them to the Religare family as we continue our journey as a significant player in India, harnessing unique capabilities. The new hires further bolsters our capabilities and best in class talent thus enhancing our ability to keep serving our clients more efficiently"

Varun Lohchab has re-joined RCM from CIMB India. He has over 15 years of experience, having worked previously at Fidelity and Franklin Templeton. He has also been rated as No.1 Consumer analyst for earnings estimates by Star mine awards in year 2010 and 2011 and No.1 for stock picking in consumer sector in the year 2013.

Sanjay Vaid was the Head of Trading at Goldman Sachs Asset Management (India) and has over 20 years of experience in the Indian Capital markets. He draws from his previous research experience to provide clients with high quality strategic and investment advice.

Rohit Ahuja has joined Religare from ICICI Securities and is one of the leading research analysts in the Oil & Gas sector with over 12 years of experience.

About Religare Capital Markets:

Religare Capital Markets (RCM) is India's only Pan-Asian Institutional Equities and Investment Banking platform (is a part of diversified financial services group Religare Enterprises Limited) partnering emerging growth companies. The platform is recognized by clients and independent agencies alike for the quality of its research and execution and is empaneled by over 450 institutional investors with an active coverage of over 150 stocks across 16 sectors.

The business offers a comprehensive suite of services across Institutional Equities and Investment Banking. The Institutional Equities business specializes in Equity Research, Sales and Execution in Asian equities. The Investment Banking services provided by RCM to clients globally include Corporate Finance Advisory, Equity Capital Markets fund raising and Private Funding services.

RCM has offices across Asia, the Middle East, Europe and Australia. While focused on promoting Emerging markets and Indian companies, outside of India RCM is executing it's  strategy along '3 pillars' being - HK/China, ASEAN and Frontier Markets. ‎RCM is entering and engaging into these markets through exclusive partnerships, on the ground licenses, presence and also people.