By Yifan Wang
Deutsche Bank AG is expanding its wealth-management operations in India with a team of new hires, the latest step by the lender to cater to a growing number of high-net-worth individuals in the country.
Among the recent hires, Rajasekar Ayyalu has joined as a Director in Chennai from his previous position as a executive director at Julius Baer. Jai Bhatia, Sanyam Sharma , Anjali Vashisth and Manish Lalwani have joined the New Delhi and Mumbai offices as relationship managers, Deutsche Bank said Wednesday.
The bank has hired more than 15 new bankers and product professionals across segments since 2021.
“The business opportunity in India has become very compelling with the material wealth creation driven by entrepreneurial activity,” said Amrit Singh, Deutsche Bank’s head of Wealth Management in South Asia.
Write to Yifan Wang at [email protected]
