Credit Suisse India head Sapna Bhawnani to join PE fund KKR & ex-colleague

Monday, 23 December 2019 By Legally India In-house counsel

Sapna Bhawnani to join KKR from CS in legal compliance
Sapna Bhawnani to join KKR from CS in legal compliance
Mumbai-based Credit Suisse director and India head of legal, Sapna Bhawnani, is set to join KKR in the new year as its second in-house lawyer in India.

She is to look after legal and compliance at the giant international private equity fund, and is expected to join by March 2020.

Bhawnani had moved to Credit Suisse in 2016 from Deutsche Bank.

Her joining KKR follows Jigar Shah joining KKR as its India legal head in early 2018 from JP Morgan, where he was general counsel (GC).

Shah was the first lawyer to join the fund in India.

Shah and Bhawnani had previously also worked together at Deutsche Bank, where Bhawnani had worked between 2010 and 2016 as vice president legal, and Shah from 2009 until 2015 as India legal head.

Credit Suisse is understood to have a legal team of four lawyers, with Bhawnani.

Sapna (Jain) BhawnaniWork history From: Jun 2016: Director, Head of India Legal, Credit Suisse AG (Ceejay House) Sep 2010 - May 2016: Vice President | Senior Legal Counsel, India Legal, Deutsche Bank Jan 2010 - Sep 2010: Senior Associate, Bharucha & Partners Nov 2008 - Dec 2009: VP- Corporate Affairs, PVP Ventures Limited Nov 2006 - Oct 2008: Senior Associate, Juris Corp 2003 - 2006: Associate, Desai & Diwanji Education 1996 - 2001: Jai Hind College, Bachelor, Commerce 2001 - 2004: Government Law College, LLB, Legal

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Comments

sahi hai 23 Dec 2019, 21:36
+7 -5
KKR! Great pay and no real work I guess.
Not how it works 24 Dec 2019, 05:42
+15 -4
In these MNCs, no senior hiring is done without a good reason and proper planning. Allocation of cost to the Legal & Compliance Dept. to hire an expensive resource would have been thought through quite meticulously.
ooohhh.. 24 Dec 2019, 09:11
+3 -2
...oh really !
Guest 24 Dec 2019, 04:43
+7 -2
Congratulations and wish you good luck.
Viwek S 24 Dec 2019, 06:47
+9 -2
Brilliant Hire ! Now KKR deal docs are going to be better and law firm engagements will be restricted as everything will be handled inhouse. Big Inhouse shoud bulk up their own teams and minimise reliance on the law firms.
Guest 24 Dec 2019, 15:47
+4 -0
How much will she earn?
guest2 24 Dec 2019, 16:06
+17 -3
2.5 crores
0099 27 Apr 2020, 14:00
+1 -1
Are you nuts? An average salaried partner with 12-14 PQE at a CAM or SAM earns 1 - 1.5 cr. In house would be 75% of that amount at most.
Counsel10 24 Dec 2019, 17:41
+10 -11
5-6 cores I think
7229 28 Apr 2020, 06:30
+2 -0
Please see DRHP of ICICI Lombard General Insurance. Head Legal was paid more than 3 crores in 2017 + ESOPs of 7 crores (at current share price of ICICI bank)
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