Natixis Corporate & Investment Banking (Natixis CIB) announced the appointment of Abbas Rangwala as head of mergers and acquisitions (M&A), in Southeast Asia (SEA) and India.
Based in Singapore, Abbas reports to Miranda Zhao, head of M&A, Asia Pacific, and Bertrand Guiot, head of real assets and investment banking, SEA and head of infrastructure fund coverage, Asia Pacific. In this newly created role, Abbas will be responsible for leading and growing the M&A franchise in Southeast Asia and India.
Abbas brings more than 20 years of experience in corporate finance, strategy, business development and organisational change management. Prior to his appointment, Abbas was the group head of mergers, acquisitions and business development at Bharti Enterprises, one of India’s largest corporate groups, and before that, the head of M&A at InterGlobe Enterprises. Previously, Abbas held senior investment banking roles at Citigroup and Deutsche Bank across Singapore, Hong Kong and Mumbai.
Zhao said: “We are delighted to welcome Abbas on board. His significant investment banking expertise and strong client relationships, combined with a deep understanding of the SEA and India business landscape, position him well to support the growth and further development of our M&A franchise.”
Guiot added: “Our SEA franchise has grown from strength to strength in recent years and is a critical part of our broader Asia Pacific investment banking strategy. I am confident that Abbas’ execution capabilities, knowledge, and leadership experience, will support us in taking our business to the next level.”
The appointment underscores Natixis CIB’s ambition to grow its Asia Pacific business through select activities while diversifying its expertise and geographical presence to the benefit of its clients.
Earlier this year, the bank appointed Amit Tanna as head of coverage in India, to further strengthen its strategic and transactional dialogue with corporate and financial sponsor clients in the country.
Natixis CIB has a strong international M&A network, encompassing seven specialised M&A boutiques worldwide. In Asia Pacific, this includes Vermilion Partners, a specialist in cross-border transactions in China, in which Natixis CIB made a majority investment in March 2018, and Azure Capital, a leading Australian corporate advisory firm, of which Natixis CIB invested in a majority stake in May 2019.
Re-disseminated by The Asian Banker