Head of Investment Banking, Vedika Bhandarkar Relinquishes Post at Credit Suisse

An executive void has been created at Credit Suisse Group AG as its Head of India Investment Banking, Vedika Bhandarkar, is reportedly parting ways with the Swiss bank due to health reasons.

Credit Suisse has been relatively quiet compared to other leading banks in the personnel departments, excluding a couple of moves in its global FX business.

Prior to joining Credit Suisse, Bhandarkar worked at JPMorgan Chase for a number of years in its Global Markets Solutions group. While at Credit Suisse, Bhandarkar was tasked with helping fortify its investment banking business in India, an initiative that has largely led to expansion of the group.

Given the vacancy caused by Bhandarkar’s departure, Credit Suisse will lean on India Chief Executive, Mickey Doshi, who will oversee and facilitate a transition in the Investment Banking business until the bank finds a replacement.