Earlier this month Brown Shipley unveiled a new London-based practice for clients of South Asian origin based in the UK and overseas, and appointed three new private bankers for the service.
The new unit comprises Sameer Kaushal, who joins from HSBC where he was head of non-resident Indians in the UK and Europe, Dhruv Bhatnagar, who most recently worked for EFG Private Bank as an associate director, and Imran Qureshi, latterly at SG Hambros as an assistant private banker. It is led by Ravi Sidhoo, head of global South Asian banking for Brown Shipley’s parent group KBL European Private Bankers.
The team targets a client base of senior finance professionals, doctors and entrepreneurs who live in the UK but are of South Asian origin, especially India, Pakistan and Sri Lanka. They will also serve clients who work for the region’s rapidly growing number of multinational companies, but prefer to invest in what is perceived as a more stable political and regulatory environment.