Is there a quiet hiring spree in oil and gas M&A? While healthcare and technology continue to dominate the headlines, oil and gas companies were the second most targeted companies over the first half of 2015 – $268bn, or the largest first half on record for the sector, according to Dealogic.
If moves at the top are anything to go by, then there certainly seems to be some growing demand. John Malhotra, who was formerly a managing director in oil and gas M&A at Macquarie in Singapore, has just taken a job at Credit Agricole in London.
Malhotra joined the French bank in August as a managing director covering the oil and gas industry. He’s held some senior roles in London previously, having formerly headed up HSBC’s EMEA oil and gas M&A team and worked for Lazard as a director in the division.
He worked as both a petroleum engineer and an energy consultant before going into investment banking.
Meanwhile, in another sign that demand is heating up in the sector, Aditya Lohia, who was a director in Deutsche Bank’s oil and gas coverage and advisory team, has departed and is on gardening leave until October. And Alexandre Matczak, who was a director in Standard Chartered’s oil and gas corporate finance team in Singapore, transferred across to London in July.
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