Barclays Wealth Hires UBS Bankers To Strengthen Team In South Asia
Published: 08-Feb-2010
Barclays Wealth, the global wealth management division of Barclays, has appointed three senior bankers to its South Asia team based in Singapore.
Vikram Malhotra will join as MD, head of South Asia. He will be responsible for managing a team of Hong Kong and Singapore-based bankers providing wealth management and advisory solutions to the South Asian community in Asia Pacific.
Mr Malhotra will report to Srinivas Siripurapu, head of Southeast Asia and South Asia, and market manager of South Asian community. Prior to joining Barclays, he was MD country team head of India international Asia at UBS, where he managed a team of Hong Kong and Singapore-based bankers servicing South Asian clients. Mr Malhotra has more than 15 years of corporate and private banking experience gained at financial institutions across Asia, including ABN Amro and Standard Chartered, of which he held various leadership roles.
Also joining Barclays Wealth from UBS are two senior bankers serving the South Asian high net worth community. Jagdish Kale and Rohit Nanani join as directors, effective 24 February 2010, and will be based in Singapore. Both of them bring more than 10 years of experience in corporate, investment and private banking across India and Singapore.
Mr Malhotra said: “The further attraction of Barclay’s Wealth is that as part of a global universal bank, it is able to leverage capabilities across the wider group, bringing in institutional disciplines and delivering world class fiduciary, wealth structuring and trust services, to meet the business and private wealth management needs of high worth clients.”
Mr Siripurapu said: “Vikram's appointment provides clear evidence that Barclays Wealth has the right client value proposition and brand profile in place to attract very senior and established bankers.”
Mr Didier von Daeniken, CEO of Barclays Wealth in Asia Pacific, said: “As we continue to build our presence in Asia Pacific, adding high-calibre senior bankers is crucial to meeting the complex needs of our sophisticated private banking clients. These three new hires further validate our success in having established our leadership position as the private bank of choice with the South Asian ultra-high and high-net-worth client segment as well as the South Asian banker community.”
Network Sites

Suppliers To This Sector
Browse A-Z
White Papers
Browse A-Z
Use of Voice Biometrics in Smart Card Applications
Many organisations have implemented or are looking into smart card solutions. The objectiv ...
Tower Group Report: Global Exchange Consolidation
This 12-page TowerGroup report analyses the rapidly consolidating exchange market, examine ...
The Value of a Comprehensive Integration Solution
Many enterprises are currently spending more on integration-related projects than they nee ...
The Next Big Thing
Before the credit crisis, lenders started to look more strategically at outsourcing as a v ...
The Business Case for Automating Document Driven Business Processes
This white paper provides a compelling case for taking an enterprise approach to automatin ...
The Benefits Of Automation For The Front Office
The increase in ultra high net worth families around the world — especially in the emergin ...


Delicious
Digg
Reddit
Stumble
LinkedIn
Mail sent successfully