Macquarie Securities Group, the institutional securities arm of the Macquarie Group, today announced the appointment of Andrew Mouat as Head of Macquarie Securities in India.
Mouat, who is relocating to Mumbai from Australia, brings with him a proven track-record having worked in equities for the past 16-years, a release here said.
For the last eight years, he has overseen sales and trading for Real Estate Investment Trusts (REITs) and property-related stocks and been responsible for syndication and distribution of REIT and property-related IPOs and capital raisings, the release said.
Mouat replaces Stuart Smythe who is re-locating as Head of Equities for Macquarie Securities in Japan. Smythe set up Macquarie's India operations in 2005, it said.
"We see significant room to grow our India business by providing our clients with access to one of the region's fastest-growing markets. Andrew's apppointment ensures we are well-placed to tap any opportunities we see," Macquarie Securities Group's Executive Director and Head Roy Laidlaw said.
"India is a key market to our continued success and future growth," he added.
