Morgan Stanley on Thurs appointed Mister P. Jayendra Nayak since the Chief Professional Officer and Country Head for India with effect coming from April 5. Mr Nayak was Chief and CEO of Axis Bank by January 2000 until Apr 2009. Last season, he became a member of the Technical Advisory Panel for Economic Policy of the Reserve Traditional bank of India. He is currently an Working Partner by Advent Intercontinental Private Equity and nonexecutive Chief of Motilal Oswal Property Management Firm. Before getting started with Axis Lender, Mr Nayak was Business Trustee with the Unit Trust of India. Mr Nayak started his career as a civil stalwart in the American indian Administrative Services. From 1990 to 95, he proved helpful in the Department of Economic Affairs inside the Ministry of Finance from the Government.
Dr . P. M. Nayak, Affiliate
Doctor Nayak is currently the Taking care of Director and Country Mind of Morgan Stanley India. From 2000-2009 he was the Chairman and Managing Overseer of Axis Bank, a domestic business bank. Earlier, between1971-1996, he worked as being a civil servant, and was an officer of the American indian Administrative Services. Between1990-95 he worked inside the Department of Economic Affairs in the Ministry of Finance. Dr . Nayak has an MUM and Ph level. D. in Economics from Cambridge College or university.
PJ Nayak, whom transformed Axis Bank in to India's fourth-largest by market capitalisation from an also-ran bank within a decade, has been hired because the chief exec of Morgan Stanley India to boost the fortunes among intensifying competition from JPMorgan and BankofAmerica Merrill Lynch. The 63-year-old plain-speaking ex - bureaucrat is going to take charge on the company in April with the mandate to grow the investment bank, wealth managing and investments trading businesses.
P J Nayak isвЂќ Business standardвЂќ Banker from the Year.
BALONEY Reporter as well as Mumbai February 26, 2010, 00: up to 29 IST
G J Nayak, former chief and CEO of Axis Bank, is definitely the Business Standard Banker from the Year pertaining to 2009. Nayak was the unanimous choice of a five-member court led...