Upadhyaya to leave BAML

Paresh Upadhyaya at BAML
Paresh Upadhyaya

Paresh Upadhyaya, head of G-10 currency strategy for the Americas at Bank of America Merrill Lynch (BAML), is to leave the bank to join Pioneer Investment Management as director of foreign exchange.

Upadhyaya joined BAML in 2010 from Putnam Investments. He reported locally to David Woo, head of global rates and currencies research.

In his new role at Pioneer, which takes effect next month, it is understood Upadhyaya will assist in the development of a more active currency strategy that will help

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