Rajay Kumar Sinha takes over as CEO of SBICAPS

SBI Capital Markets Limited (SBICAPS) has been taken over by Rajay Kumar Sinha. According to an SBICAPS release, he was formerly in charge of Treasury operations at State Bank of India (SBI), handling the bank's investment portfolio, money market, equity, private equity, and FX activities. SBICAPS is SBI's completely owned investment banking division. Sinha, who joined SBI as a Probationary Officer in 1991, has taken over for Amitava Chatterjee, who has gone to SBI's Corporate Centre as Deputy Managing Director, Commercial Clients Group. Seee also: RailTel appoints Yashpal Singh Tomar as Director of NPM CASE CE appoints Shalabh Chaturvedi as MD for India & SAARC