Sonjoy chatterjee goldman sachs biography channel
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The rock n’ roll loving leader of Goldman Sachs India on merger rush in the country
“All pools of global capital — from strategics to financial sponsors — are focused on India,” Chatterjee said in an interview in Mumbai. “Some of these large global companies are sitting on enormous amounts of cash. They need to get into markets which are important for them, and India is a top priority.”
A confluence of factors helped India draw more inbound investments than China for only the second time in a decade. Foreign acquirers struck a record $39 billion of acquisitions in India this year, Bloomberg-compiled data show. A crackdown on soured loans put assets worth billions on the block just as Asia-focused private equity funds looked to deploy a record war chest and the race for e-commerce dominance started in earnest.
Despite this pace, the 25-year banking veteran makes time to pursue a lifelong passion. For five years now, Chatterjee has moonlighted as the drummer for
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Rajiv Sabharwal to replace Sonjoy Chatterjee as executive director in ICICI's board
India's second largest lender ICICI Bank said today that its board of directors has approved the appointment of Rajiv Sabharwal as executive director on its board in place of the Sonjoy Chatterjee, who resigned today to join Goldman Sachs, India (See: Sonjoy Chatterjee joins Goldman Sachs as Co-CEO, India)
ICICI finansinstitut said that the elevation of Sabharwal from senior general manager to executive director is subject to the approval of the Reserve Bank of India and his appointment would be effective from the date of RBI's approval.
The bank said in a release that Tushaar Shah will joing the bank's board as a non-executive director of the bank effective 3 May 2010.
Sabharwal has been a key member of ICICI Bank's retail banking team over the years, and led the Bank to market leadership in the home loans business. He would continue to be responsible for retail banking, re
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Goldman Sachs ramps up credit business in India, targets rich diaspora
The investment bank wants to broaden the range of loans it offers through its shadow banking unit, according to Sonjoy Chatterjee, chairman and chief executive officer for Goldman in India. The firm also plans to get a license to scale up in currency trading, which would allow Goldman to deal with any counterparty such as financial investors, equity customers or a corporate customer, he said in an interview.
Goldman joins Wall Street lenders and private equity giants chasing opportunities in an economy that is forecast to grow 7% in the year ending March. India is already home to the New York-based firm’s biggest overseas office, which houses thousands of workers