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Renaissance Capital hires head of coverage for India

Renaissance Capital, an investment bank focused on the emerging markets, has hired Ateev Chadda as head of coverage, India, investment banking and financing.

Chadda will focus on international capital raisings and listings for Indian companies, and cross-border M&A between India and the CIS and Africa; as well as assisting Indian companies seeking expansion into Africa and Russia.

Chadda, based in Mumbai, will report to Hasnen Varawalla.

He joins Renaissance Capital from Religare and before that Macquarie Capital Advisors, where he was head of resources from 2007-2010, leading key transactions for Macquarie in the resources and utilities sectors in India.

Prior to Macquarie Capital, Chadda was head of business development for Bharti Group.

Varawalla said Ateev’s appointment represents a significant commitment to the business opportunity in India for Renaissance Capital and its clients. Ateev will play an important role in further integrating India into their business.