Macquarie Group has pulled off a coup with the recruitment of an experienced dealmaker to manage its fast-expanding operations in Asia.
Kalpana Desai, former Asia head of mergers and acquisitions at Merrill Lynch, is to join the Australian investment bank as deputy head of Macquarie Capital Advisers Asia, which houses many of the bank's key business units, people familiar with the matter said.
Official confirmation of her appointment could be made as early as today. Macquarie and Ms Desai declined to comment.
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