Tuesday 28, November 2017 by Jessica Combes

Exotix builds further research presence in Asia and Africa amid countdown to MiFID

 

Exotix Capital, the leading investment bank in developing markets, today announces three new appointments to further expand its research presence in frontier markets.

These appointments, effective immediately, are: Tracy Kivunyu, previously at African Alliance, as Senior Equity Research Analyst for telecoms across Frontier Markets, based in Kenya; Waseem Khan, from BRAC EPL, as Equity Research Analyst for financial companies in Bangladesh; and Bansi Jashapara, former head of research sales for SLJ Macro, as Head of EMEA Sales for Research, Analytics and Data.

The three appointments represent the latest push to boost analysis capacity in the world’s highest-growth economies. Since building its standalone Research, Analytics and Data division in June, led by former Chief Executive of Roubini Global Economics, Paul Domjan, Exotix has rapidly grown its bench of analysts and economists.

The slew of new research hires during the past three months includes: Senior Economist Christopher Dielmann, from the International Monetary Fund’s Strategy, Policy & Review Department; Latin America specialist Rafael Elias, previously Head of Emerging Markets Research and Strategy for Fixed Income at Cantor Fitzgerald; Middle East and North Africa banks expert Temitope Ode, from Sankore Global Investments and before that at Goldman Sachs; Rohit Kumar, previously at Insight Securities and National Bank of Pakistan subsidiary Taurus Securities; Vietnam analyst Phuong Pham, formerly at Mediobanca and Standard & Poor’s; and East Africa financials researcher Faith Mwangi, from Genghis Capital.

“While many sell-side firms are cutting their research teams in the face of MiFID II, Exotix remains committed to investing in our unique research model that combines world class sectoral analysis and deep local market expertise,” said Exotix Capital CEO, Duncan Wales.

Tracy Kivunyu leads equity research in eight telecom companies listed in Africa, bringing experience from covering banks, hotels and the tobacco industries before specialising in telecoms. Tracy was rated by Financial Mail in 2015 while at African Alliance and jointly won numerous awards for research from Euromoney and Think Business Kenya.

Waseem Khan covers a broad span of the financial sector in Bangladesh. As a Research Associate at BRAC EPL, Waseem focused on banks, non-bank financial institutions and mobile financial services. With management consulting experience, he holds a BBA with a major in Finance from the Institute of Business Administration at the University of Dhaka.

Bansi Jashapara, leading Research, Analytics and Data sales for Europe, Middle East and Africa, was previously senior account manager for BCA Research and went on to lead research sales for SLJ Macro. She started her career in emerging markets structuring at HSBC.

“Taken together, our latest appointments extend our depth of analysis and outreach into clients in a way that helps place Exotix’s research proposition in a league of its own. We face the challenge and opportunity of MiFID II in a stronger position than ever to deliver the quality of content that our clients rightly expect,” said Paul Domjan, Head of Research, Analytics and Data at Exotix.

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