Khaitan & Co capital markets partner Vibhava Sawant resigns for Abu Dhabi

Vibhava Sawant: Gulf-bound
Vibhava Sawant: Gulf-bound
Khaitan & Co Mumbai capital markets partner of six years Vibhava Sawant left the firm on 11 April to relocate to Abu Dhabi to be with family.

Khaitan Mumbai senior partner Ravi Kulkarni said: “Her husband has been working in the Gulf for the past two years. Recently her young son was admitted to a very good international school in Abu Dhabi. Her husband is now required to travel very frequently out of Abu Dhabi for long periods so she was in two minds [about] what to do. So finally she decided to move to Abu Dhabi. We encouraged her to pursue her career there.”

“She’s moved on,” he said, adding that it was uncertain whether Sawant would rejoin the firm because she is going to be in Abu Dhabi for “at least the next five to six years”.

Sawant was not reachable for comment at the time of going to press.

She had graduated as a lawyer from the University of Mumbai and had joined Little & Co in 1997 until 2005 when she moved to Khaitan. She was promoted to the firm’s partnership in 2008.

A firm spokesperson said that her responsibilities in the practice will be shared by its existing partners Nikhilesh Panchal, Arindam Ghosh and the firm’s latest laterally recruited associate partner Kartick Maheshwari.

Comments

Victim 22 Apr 2014, 14:00
+4 -2
Need less to say that there is absolutely no work in the Capital Market. Earlier Madurima and now Vibhava resigned from their respective firms. I will not surprise if more news with respect to this practice area specially when the situation is not getting improved.
Not from Khaitain 22 Apr 2014, 15:54
+7 -4
Now I am convinced that people who write comments on this site have absolutely no idea of the market
Guest 22 Apr 2014, 17:54
+11 -0
Situation is not "getting improved". Yes, capital markets is not in a very good shape, but is doing better than your English. In fact, English language is the "victim" here..
you missed another one 24 Apr 2014, 09:34
+1 -1
Meera Singh has also resigned from AZB Delhi. She handed their capital markets
kianganz 24 Apr 2014, 09:39
+1 -0
http://www.legallyindia.com/201404234632/Law-firms/azb-cap-markets-partner-meera-singh-leaves-to-continue-on-ad-hoc-flexitime
John Doe 22 Apr 2014, 19:30
+9 -0
I don't think this has anything to do with the markets at all. She's moving for personal reasons and she's putting her family first. Nothing wrong with that! All the best to her!
bear hugs 23 Apr 2014, 04:34
+4 -2
Madhurima and her move isn't linked. She's moving to Abu Dhabi to join husband and child. Madhurima left as she was passed over twice for equity-and bad markets didn't give her much leverage.
what! 29 Apr 2014, 16:16
+0 -0
passed over? who in luthra has been passed ahead!!!!???? now i am convinced people who comment on these sites have no idea what they are saying. english or otherwise!
Concerned 23 Apr 2014, 07:25
+4 -0
I wonder why this made news?
Guest 23 Apr 2014, 20:40
+1 -0
[quote name="Concerned"]I wonder why this made news?[/quote]

If a Partner joining the firm is news, why not his or her exit? Don't you come across news of key managers of companies featuring in the news all the time?
Concerned 25 Apr 2014, 06:21
+0 -0
She's going to join her family. SO? I mean there is so much more legal stuff to cover that this really should not make print space.

Kian, why don't you EVER give priority to litigation matters? And by that I do not mean the movie-ad-interim-type-matters.
Medieval Realist 23 Apr 2014, 21:34
+1 -0
Find it a little difficult to believe a partner would give it up to join husband n child just because husband has more travel responsibilities. Must have got a (yet undisclosed) sweet deal in Abu Dhabi, and staying close to family a bonus.
you missed another one 24 Apr 2014, 10:01
+2 -0
what has happened is that the smaller, more quality conscious are increasingly getting a better share of the mandates which matter.. S&R Associates is a good example.
John Doe 24 Apr 2014, 10:36
+1 -0
Kian, haven't seen the capital markets league tables in quite a while... which was the last one? Have any come up for the last financial year?
bear hugs 25 Apr 2014, 05:27
+5 -0
Bassi is now in Khaitan too,cap markets-maybe it was too much for KCO to have 3 partners for cap markets. There's Nikhilesh as well. She's left within a year of Bassi joining.