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JPMorgan Promotes India ECM, Legal Heads to Managing Director

  • Abhinav Bharti and Yash Yadav were executive directors
  • U.S. bank seeking to expand market share in India IPOs

JPMorgan Chase & Co. has promoted the heads of its equity capital markets and legal divisions in India to the rank of managing director, as part of a push to capture a larger share of the country’s prospective initial public offerings.

The two executive directors, investment banker Abhinav Bharti and general counsel Yash Yadav, were elevated on Wednesday, a spokesperson for the U.S. lender confirmed.