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Renaissance Hires Chadda From Religare to Head India Banking

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Aug. 10 (Bloomberg) -- Renaissance Capital, the Russian brokerage half-owned by billionaire Mikhail Prokhorov, said it has hired Ateev Chadda from Religare Capital Markets Ltd. as head of investment banking and financing in India.

Chadda, Renaissance’s first investment-banking appointment in India, will eventually be based in Mumbai, the Moscow-based company said in a statement. The firm has been active in India since 2010.

To contact the reporter on this story: Ruth David in Mumbai at rdavid9@bloomberg.net

To contact the editor responsible for this story: Philip Lagerkranser at lagerkranser@bloomberg.net

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