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Mumbai, Aug. 13 Macquarie Securities Group (MSG), the institutional securities arm of Macquarie, announced six new appointments in the country as part of its expansion plans.

“The increasing sophistication and global relevance of the Indian capital markets continues to attract investors’ attention so we are ensuring we are appropriately staffed to meet our clients’ requirements,” said Mr Stuart Smythe, Macquarie’s Head of Equity-India.

The new people hired include Mr Irfan Khan, who will now head the structured products sales in the country. Mr Anand Krishna, a former JP Morgan Executive, has joined as the Macquarie Chief Financial Officer for India. Mr Rajeev Malik has been appointed as the Asean and India economist. He, too, was formerly employed with JP Morgan.

Mr Christian Drysdale has been relocated from Macquarie’s Hong Kong office to run the Equity Products business in India.

“The combination of hires including key operational staff and additions to our platform in equity research and trading, together with our initiatives in structured equity products further broadens our base for growth.

"The recently announced merger of Macquarie Capital Securities and Equity Markets Groups to create MSG opens up opportunities in both our trading of flow and risk products. India represents a significant opportunity in this regard,” said Mr Smythe.

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