Other than Girotra, the bank has recently hired Saurabh Agarwal from Bank of America-Merrill Lynch to add to the fire power of Topsy Mathew, managing director, M&A. Takeovers in India fell 44% in 2011 to $37.4 billion. The British bank which had advised Bharti Airtel in the acquisition of Africa’s Zain, slipped to 9th position in the M&A league table in 2011, from 4th a year earlier, data from Thomson Reuters shows. The entry of Girotra could change the fortunes of Standard Chartered’s M&A activities in India which slid last year after scaling new highs under rainmakers V Anantharaman who has returned from Credit Suisse for a different role, and Prahlad Shantigram who moved to Singapore. She headed UBS’ New Delhi office before moving to Mumbai in 2002. The wife of deal-maker Sanjay Agarwal of Deutsche Bank, she started her banking career with ANZ Grindlays and moved to Barclays. She played a role in Hindalco’s buy of Novelis and United Spirits’ acquisition of scotch whiskey maker White & Mackay. Girotra, a graduate from the Delhi School of Economics, is among the top women rainmakers in the country who was involved in many top transactions, including Vodafone’s acquisition of Hutchison’s stake in the India mobile phone unit. T Prasanth Mathew Managing Director - Cash Management - Deutsche Bank United States Monica Wijaya Monica Wijaya Director, Global Markets Corporate Sales, HSBC Markets Singapore Show more profiles Jean Toh Jean Toh Jean Toh Asia Pacific. Girotra could not be reached for comment. “We have asked her to head the i-banking activities,’’ said one of the persons aware of the negotiations.Ī bank spokesman declined to comment on the hire. It is yet to be decided on whom she would report to, they said. Girotra, the public face of UBS for nearly a decade in India, would work with the re-gional merger & acquisition (M&A) teams of Standard Chartered in Singapore and Hong Kong, said the people who did not want to be identified. MUMBAI: Manisha Girotra, the 42-year-old former India head of UBS, is poised to join British bank Standard Chartered to head its investment banking business that has slid in the league table last year amid overall fall in transactions, said two people familiar with the development.

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