Wall Street boutique investment bank PJT Partners has elevated Pramit Jhaveri, one of India’s top bank executives, as a senior advisor as the advisory determined looks to expand its fast-growing global footprint.

Pramit the previous CEO of Citi in India for nine years renounce the bank in 2019. He has since then united the board of Sir Dorabji Tata Trust, one of the two main Tata Trusts, that owns a large stake in the conglomerate’s asset company Tata Sons. Former in the year, he also joined PremjiInvest, the investment arm of the Wipro’s founder chairman Azim Premji family. He is also on the board of Pratham Education Foundation.

PJT Partners was spawned out of Blackstone in 2015 while the world’s largest PE firm decisive to whirl off its advisory business and fused with Paul Taubman’s PJT Capital. Paul was with Morgan Stanley for three decades in a varied set of leadership roles, counting Co-President of Institutional Securities. In five years, the certain has enhanced as one of the go-to transaction shops for composite, cross border mergers and acquisitions, counting T-Mobile's $59 Billion Merger with dash and Mylan's $50 Billion combinations with Upjohn, a Division of Pfizer, or the $48 billion cash tender from Comcast for Sky. As per Dealogic, PJT Partners was ranked 2nd on revenues in Q1 of the calendar year 2021, after Evercore with $51.8 billion of deals.

Jhaveri was occupied with comments. However, his LinkedIn profile said he joined PJT in February of this year.

Jhaveri, who comes from a family of jewelers, has been among the top rainmakers for India Inc, advising them in several marques M&As and capital raising efforts for clients such as Reliance Industries, Tatas, Bharti Group, Larsen & Toubro, Diageo, United Spirits, IBM among others. Under him, Citi also emerged as the most successful global bank franchise in the country, after a tumultuous phase post the global financial crisis of 2008, with its profit after tax jumping 322 percent in 8 years.