Mumbai, Maharashtra, India, July 2026 — SBI Capital Markets Limited (SBICAPS) has promoted Mamta Makhijani to the position of Vice President & Head Human Resources. In her expanded leadership role, she will lead the organization’s human resources function, driving people strategy, talent management, leadership development, and HR initiatives that support SBICAPS’ continued growth as one of India’s leading investment banking and corporate advisory firms.
Mamta’s elevation marks the culmination of an exceptional nearly 19-year journey with SBI Capital Markets Limited, reflecting her consistent contributions to the organization’s people agenda. Since joining the company in October 2007 as an Executive, she has steadily progressed through a series of increasingly responsible HR leadership roles, including Senior Executive Human Resources, Human Resources Associate, Deputy Manager Human Resources, Human Resources Manager, and Assistant Vice President Human Resources before taking over as Head of Human Resources.
Throughout her tenure at SBICAPS, Mamta has played an integral role in strengthening the organization’s human resources function, supporting business growth through strategic people initiatives and helping build a strong talent foundation. Her long-standing association with the organization has enabled her to contribute across multiple phases of the company’s evolution while fostering a culture focused on performance, employee engagement, and organizational excellence.
Her appointment as Vice President & Head Human Resources recognizes her deep institutional knowledge, leadership capabilities, and commitment to advancing the people strategy of one of India’s premier investment banking institutions.
About SBI Capital Markets Limited
SBI Capital Markets Limited (SBICAPS) is one of India’s leading domestic investment banks and the wholly owned investment banking subsidiary of the State Bank of India (SBI). Established in August 1986, SBICAPS is registered with SEBI as a Category I Merchant Banker and Research Analyst, offering a comprehensive range of investment banking and corporate advisory services.
The company provides end-to-end financial advisory solutions spanning project advisory and structured financing, capital markets, mergers and acquisitions, private equity, ESG advisory, startup advisory, and stressed assets resolution. Recognized as a global leader in project advisory, SBICAPS has played a significant role in supporting India’s infrastructure sector and corporate growth. Headquartered in Mumbai, the company operates through regional offices across India and Abu Dhabi, along with its wholly owned subsidiaries offering equity broking, research, security agency, and debenture trusteeship services.
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