JM Financial has elevated one of its most senior executives, Sonia Dasgupta, to the post of managing director of the Mumbai-based company’s investment banking business.

In this new role, she will lead strategic initiatives and accelerate business growth, JM Financial said in a statement.

“Sonia is a seasoned investment banking professional with an outstanding track record. She brings the leadership skills, industry knowledge and business knowledge required to lead our business into the next phase of growth. His strategic thinking and expertise will generate lasting value for our clients,” said Vishal Kampani, Non-Executive Vice President of JM Financial.

Sonia Dasgupta has over 25 years of investment banking experience. She has been associated with JM Financial since 1995 in various capacities.

“Over the years, JM Financial has built a strong leadership position in investment banking across all verticals. My goal is to continue working to advance this rich legacy. With our strong team, we will take the investment banking business to a higher growth trajectory,” Dasgupta said.

She succeeds Adi Patel and Atul Mehra who were co-heads of investment banking activities.