MAM
Devin Wenig is Reuters COO
MUMBAI: News agency Reuters has appointed Devin Wenig as COO. Wenig is currently president of the business divisions, with operational responsibility for Reuters four divisions: sales and trading, research and asset management, enterprise and media.
Reuters CEO Tom Glocer said, “I am delighted to announce Devin’s appointment as COO. This is a natural evolution of his current role at Reuters and helps deliver my long-term objective to have the Divisions as the primary operating dimension of Reuters. In his time at the company, Devin has shown great leadership skills, innovative thinking and operational excellence. I am really look forward to working with him closely over the course of the next few years, as we exploit new market opportunities, and capitalise on the strong momentum already evident in the business.”
Wenig has worked for Reuters for 13 years and was appointed to the Board of Directors in 2003.
Brands
Ambit appoints Skanda Jayaraman as co-head of investment banking business
Leadership rejig sharpens ECM focus and expands sector-led advisory push
MUMBAI: Ambit Private Limited has strengthened its investment banking leadership with the appointment of Skanda Jayaraman as co-head of the division, signalling a sharper push into sector-led advisory and capital markets.
Jayaraman will share leadership responsibilities with Rahul Mody, as the firm looks to scale its advisory franchise and deepen client engagement across industries. The move is part of a broader leadership rejig aimed at expanding Ambit’s reach and execution capabilities in a competitive dealmaking environment.
With more than two decades of experience across fintech, investment banking and credit risk, Jayaraman brings a varied background to the role. He most recently founded Altflow Advisors, where he built a data-driven platform for the BFSI sector and advised mid-market clients on capital raising. Earlier, he served as CEO of Qapita Marketplace in Singapore and held a senior role at Spark Capital Advisors.
Alongside this appointment, Ambit has also realigned internal roles. Vikas Khattar will now focus exclusively on scaling the firm’s equity capital markets business while continuing to deepen its financial sponsors group coverage. The firm sees ECM as a key growth engine, driven by strong scalability and increasing capital market activity.
Commenting on the leadership changes, Ambit Private Limited group CEO Ashok Wadhwa said, “Skanda’s appointment marks an important step in driving the next phase of Ambit’s growth journey. His entrepreneurial mindset and strong execution track record will be instrumental as we partner with emerging and established leaders.”
The new structure is expected to enable more focused, sector-driven engagement, supported by dedicated leadership across key verticals. For Ambit, it is a case of tightening the top deck to play a bigger hand in India’s evolving M&A and capital markets landscape.
