JM Financial announces the elevation of Sonia Dasgupta as Chief Executive Officer, Investment Banking

Mumbai, April 29, 2022: JM Financial Limited, India’s leading diversified financial services group has announced the elevation of Sonia Dasgupta as Chief Executive Officer, Investment Banking. In the new role, she will lead the strategic initiatives and accelerate growth for the business.

Mr. Vishal Kampani, Non-Executive Vice Chairman, JM Financial Limited, said, “Sonia is a seasoned investment banking professional with a remarkable track-record. She brings the required leadership skills, industry knowledge and business insights to lead our business into the next phase of growth. We are delighted to have a home-grown leader at the helm of our Investment banking. Her strategic thinking and expertise will generate sustainable value for our clients.”

Assuming the new responsibilities, Ms. Sonia Dasgupta Chief Executive Officer Investment Banking, JM Financial, said, “I am excited to take on the new role and responsibilities. Over the years, JM Financial has built a strong leadership position in the investment banking space across verticals. I aim to continue to work towards taking the rich legacy forward. With our strong team, we'll take the investment banking business to a higher growth trajectory.”

Sonia Dasgupta comes with over 25 years of experience in the Investment Banking space. She has been associated with JM Financial since 1995 in different capacities. She succeeds Adi Patel and Atul Mehra who have been Co-Heads of Investment Banking business.

JM Financial Investment Banking offers a wide range of services to a significant client base that encompasses domestic and international corporations of repute. It has an unparalleled track record of 5 decades of executing Equity Capital Market offerings and M&A transactions with a deep sectoral understanding and long-term relationships with corporates.

 About JM Financial

JM Financial is an integrated and diversified financial services group. The Group’s primary businesses include (i) Investment Bank (IB) shall cater to Institutional, Corporate, Government and Ultra High Networth clients and includes investment banking, institutional equities and research, private equity funds, fixed income, syndication and finance; (ii) Mortgage Lending includes both wholesale mortgage lending and retail mortgage lending (home loans, education institutions lending and LAP); (iii) Alternative and Distressed Credit includes the asset reconstruction business and alternative credit funds; and (iv) Asset management, Wealth management and Securities business (Platform AWS) shall provide an integrated investment platform to individual clients and includes wealth management business, broking, PMS and mutual fund business.

As of December 31, 2021, the consolidated loan book stood at ~Rs. 112.4 BN, distressed credit business AUM at ~Rs. 107.1 BN, wealth management AUM at ~Rs. 849.9 BN, mutual fund AAUM at ~Rs. 20.2 BN.

The Group is headquartered in Mumbai and has a presence across 624 locations spread across 186 cities in India. The equity shares of JM Financial Limited are listed in India on the BSE and NSE.

For more information, log on to www.jmfl.com or contact: