Romita Shetty, a senior collateralized debt obligation official at RBS Greenwich, has resigned and is heading to Lehman Brothers in New York. It could not be determined what her new role would be by press time. Shetty was at RBS for two years and prior to that JP Morgan, where she was head of structured credit and alternative investments and global head of CDOs. She left JPMorgan in January of 2003 to take maternity leave. She had a hand in creating several innovative transactions, including BISTRO, which was one of the first large credit derivative securitizations.
A spokeswoman at Lehman could not confirm Shetty's hire. A call to a spokesman at RBS Greenwich was not returned. Shetty could not be immediately reached.