Standard Chartered Global Private Bank has expanded its UK team with the hiring of three new relationship managers.
The new hires, Deven Thacker, Madan Mohan, and Ashwin Rodrigues, are expected to bolster the firm’s private banking services for ultra-high net worth individuals (UHNWIs).
Deven Thacker and Madan Mohan have joined as senior relationship managers, reporting to Warren Jeffrey, while Ashwin Rodrigues started in September 2024, reporting to Eleftherios Sachanidis.
All three are based in London and will leverage research and tailored product solutions to serve the global Non-Resident Indian (NRI) and African markets.
Ashwin Rodrigues joins Standard Chartered from Citibank, where he began his career over 18 years ago. Throughout his tenure there, he worked across India, Bahrain, and the UK.
Most recently, Ashwin served as a relationship manager, managing high net worth (HNW) and UHNW clients in the UK and Middle East regions.
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By GlobalDataDeven Thacker brings over two decades of wealth management experience to the team, having previously worked at BOS Wealth Management in London in managing high net worth NRI clients across the UK, UAE, Kenya, and Nigeria.
Before his role at BOS, Deven worked at Citibank, focusing on NRI clients in East Africa, the Midlands, and London.
Madan Mohan, with over twenty years of experience in the private banking industry, joins from Credit Suisse, where he was a relationship manager based in the UAE.
Prior to this, Mohan spent over sixteen years at Citi’s International & Private Banking business in the UK and UAE and has also worked at UBS in the UK, managing NRI and African clients.
In Q3 2024 results, the firm announced plans to invest approximately $1.5bn over five years globally in relationship managers, investment advisers, wealth solutions, and enhanced advisory, cross-border, and digital capabilities.
Standard Chartered Private Banking UK head, managing director Demir Avigdor said: “Ashwin, Deven and Madan are highly professional and competent Relationship Managers, who bring with them a wealth of industry experience and expertise in serving emerging market clients over many years.
“Their appointments demonstrate our ongoing investment and growth ambitions for our global NRI and Africa business in London, as we look to enhance our position in these rapidly expanding markets.”