Mizuho Americas expanded its Equity Research Analyst group with the addition of Managing Director Siti Panigrahi to its software coverage team.

Panigrahi joins Senior Software Equity Research Analyst Gregg Moskowitz and will focus on midcap Software as a Service (SaaS) companies. He is based in Mizuho Americas’ San Francisco office and reports to Head of U.S. Equity Research Susan Gilbertson.

“Siti’s combined industry and research experience in software generates the thematic, actionable research our international client base of institutional investors has come to expect from Mizuho,” said Gilbertson.

Panigrahi brings 25 years of experience including more than 11 years in software equity research at Wells Fargo and Credit Suisse. He also worked in product development and strategy at Oracle, as a consultant for Consteller and as an engineer for Tata Motors in India.