Raymond James’ Diversified Industrials Investment Banking practice expands sector coverage into chemicals with hire of new senior banker

ST. PETERSBURG, Fla. – Raymond James is expanding the capabilities and coverage of its Diversified Industrials Investment Banking practice by hiring Managing Director Monish Thawani. Thawani will lead a newly constituted chemicals sector team.

“The chemicals sector is vital to both domestic and global infrastructure, making it ripe for growth and creating tremendous opportunity for capital formation and M&A in the space,” said Alper Cetingok, head of the Raymond James Diversified Industrials Investment Banking practice. “Monish is the perfect addition to help build a practice that’s focused on delivering results to clients through tailored, strategic advice.”

Thawani joins Raymond James from Evercore, where he was instrumental in growing the firm’s chemicals practice in the U.S. Based in New York City, Thawani has deep expertise across a broad set of chemicals subsectors and experience in advising corporate and financial sponsor clients on domestic and cross-border transactions. Prior to Evercore, he was on the chemicals team at Barclays Capital. Thawani has a bachelor’s degree in industrial engineering from the Georgia Institute of Technology and an MBA from the University of Chicago’s Booth School of Business.

“I’m thrilled to join Raymond James and to continue building upon the Diversified Industrials team’s growth in recent years,” said Thawani. “Raymond James’ capabilities and platform are sophisticated, and I’m confident my clients will be impressed by all that’s offered to them here.”

About Raymond James Investment Banking

Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2017, we have participated in raising over $300 billion in capital for our corporate clients and completed more than 1,000 M&A and other strategic advisory assignments, including approximately 850 M&A advisory assignments. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.

About Raymond James Financial, Inc.

Raymond James Financial, Inc. (NYSE: RJF), is a leading diversified financial services company providing private client groups, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.15 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at raymondjames.com.

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