Julius Baer, a foreign wealth manager in India, has made some key appointment to its leadership team in the country. Guneet Singh is the new group head, who will be reporting directly to Umang Papneja, CEO, Julius Baer India.
Backed by more than 24 years of experience in the wealth-management space, Singh was leading the private banking and global private client business at HDFC bank before taking up the group head role at Baer.
Given his understanding of the Indian market and his experience in managing client relationships, he is sure to be instrumental in advancing Julius Baer’s growth initiatives and strengthening its leadership position in India.
Guneet Singh will remain focused on strategically expanding Julius Baer’s presence across the country and driving the firm’s footprint in high-growth wealth markets across the country.
Papneja is confident that Singh’s “leadership, deep industry experience, and strong client focus will be invaluable as we accelerate our expansion in India.”
As part of Julius Baer’s expansion into the West, South, and East regions of India, Mayur Bhat has been appointed as team head in Mumbai. Bhat has moved from HDFC Bank where he was senior market head, private banking. Deepak Chivukula has been appointed team head, Hyderabad. He was formerly zonal head, private banking, ICICI Bank. Niloy Dey is team head, Kolkata, having moved from HDFC Bank where he was East head, private banking. All three will report directly to Guneet Singh.