Moves: Mizuho hires Maybank's Gupta to head Asia Pacific ex Japan healthcare, consumer - sources

Greenhill & Co

07/11/2023 01:24

(Adds Mizuho's Nov 7 response in paragraph 5 of a story
published on Nov 6)
       SINGAPORE, Nov 6 (Reuters) - Mizuho Financial Group
 8411.T , Japan's third-largest lender by assets, has hired
Maybank's Saurabh Gupta to lead its healthcare and consumer
sectors in Asia Pacific excluding Japan, according to two
sources familiar with the matter. 
    The hiring follows Mizuho's expansion of its investment
banking business globally. The Tokyo-based company in May
announced the acquisition of U.S. M&A advisory firm Greenhill &
Co Inc  GHL.N  for $550 million including debt.
    Gupta, who was most recently the head of investment banking
and advisory business for Singapore at the Malaysian bank
formally known as Malayan Banking Bhd  MBBM.KL , will join
Mizuho early next year, the sources added.
    The sources declined to be named as the information was
private.
    Mizuho declined to comment. Maybank did not respond to
Reuters requests seeking comment.  
    Gupta has been with Maybank for more than a decade,
according to his LinkedIn profile. He was previously with Bank
of America Merrill Lynch and HSBC before joining Maybank, his
LinkedIn profile showed. 
    

 (Reporting by Yantoultra Ngui; Editing by Emelia
Sithole-Matarise)
 ((Yantoultra.Ngui@thomsonreuters.com;))