The appointments continue a run of hires that the Swiss bank is making in India and other parts of the wider Asia region.
Julius Baer has
added to its onshore India team, bringing in Akul Juneja
(pictured) as managing director and senior advisor, who is based
in New Delhi. It has also made a number of other hires who report
to Juneja. The appointments continue a run of hires by the bank
for the India market (see
Juneja will be responsible for growing the firm’s business in New Delhi and opening avenues for Julius Baer in new client segments across Northern India, the Swiss bank said. Juneja reports to Vrinda Mahadevia, head of wealth management, Julius Baer India.
The other hires – senior relationship managers – include Dhanmesh Tripathi, Abhishek Chopra, Munish Kumar and Sourabh Aggarwal.
“North India is a key market for the bank and we are keen to expand our footprint in many new cities and metros over the next few years,” Umang Papneja, chief executive, Julius Baer India said.
Prior to his new role, Juneja was most recently senior regional head, North, for private banking at HDFC Bank. He has more than 22 years’ industry experience. Before HDFC, he was regional head, wealth management and regional head for sales at ICICI Bank. He is a CFA and has completed his PGDBA finance from ICFAI University.
In other Asia and India appointments this year, Julius Baer appointed Umang Papneja as the new chief executive of Julius Baer India, starting in August. Shitin Desai, meanwhile, retired from the board of Julius Baer Wealth Advisors (India) following more than three decades as the founding member of DSP Investments and later holding senior positions across Merrill Lynch and Julius Baer India.
The lender also appointed Andrew Lee, who has been group head of Southeast Asia, to take on a new role as vice chairman of Southeast Asia, starting from 1 August. Vi Sun Yang joined in July as a group head of Southeast Asia, succeeding Lee. Shui Wei Ho joined on 1 August, also as a group head of Southeast Asia. Ho, who is an established banker with over 25 years of experience in the financial industry, was most recently with Bank of Singapore where she was the market head for Thailand and Indochina.