Swiss wealth manager Julius Baer has bolstered its relationship managers (RMs) team across all locations in India as part of its growth strategy.
The Swiss group has hired Chirag Gandhi as MD senior advisor to lead the team of relationship managers.
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By GlobalDataGandhi, who has over 15 years of experience in wealth management space, was most recently a Senior Partner at IIFLW.
Along with his team of bankers, he will seek to launch new avenues for Julius Baer in new client segments in Northern India, including Rajasthan and Punjab. He will be based in New Delhi.
Additional appointments and promotions
Julius Baer has appointed Manish Khaitan in Mumbai and Abhinav Kumar in Bangalore to further strengthen its west and south India operations.
The company also said that it has inducted five Senior RMs to the India franchise during the calendar year.
It recently promoted India Executive Committee member Anand Khatau to managing director.
In his new role, Anand will continue to offer investment and wealth planning solutions to Indian clients. He will also be responsible for the expansion of the firm’s global Indian business.
Julius Baer India CEO Ashish Gumashta said that the appointments underscore the firm’s focus and belief in scaling its Global India proposition to capture the untapped wealth management opportunities present amongst the Indian diaspora globally.
Commenting on the new appointments, Julius Baer India Wealth Management head Himanshu Bhagat said: “We are happy to welcome such pedigreed relationship managers to our family to widen our franchise presence in the UHNW and family office space.
He added: “We will continue focusing and strengthening our domestic team, especially in the booming markets of NCR and Bangalore, Chennai, and Hyderabad.”