Industry veteran to head new business

Wadhawan Global Capital (WGC), one of India’s leading financial services institutions, has announced its foray into private wealth management and joined hands with industry veteran Atul Singh, who will head the business.

WGC’s strategic goal of creating an integrated financial platform for lending, protection, asset management and private wealth will see fruition with this step.

Commenting on this occasion WGC Chairman Kapil Wadhawan said, “Today the Indian economy is on the cusp of a unique growth story and the number of wealthy Indians are on the ascend. Additionally, global players are also looking at investing in the India opportunity.

“This makes private wealth management business an inevitable opportunity for us to add to our integrated financial services platform. I take this opportunity to welcome Atul as head of the wealth management business with nearly two decades of rich experience in working with some of the most respected private banks and wealth managers around the globe, Atul brings deep understanding of building this sophisticated business through quality research, trusted advice and transparent relationships,” he said in the announcement on 4 October 2017.

WGC is one of India’s leading financial services institutions with over US$20 billion assets under management.

It is the parent company to some of the trusted brands in India such as DHFL that is a market leader with three decades of experience in financing affordable housing, Aadhar Housing Finance, Avanse Financial Services, DHFL Pramerica Life Insurance, DHFL Pramerica Asset Managers and DHFL General Insurance. The Wealth management business of the Group will reach out to the entire spectrum of High Net-worth Indian and other category of potential audiences. fii-news.com