- Guneet Singh joins Julius Baer India as Group Head, reporting directly to Umang Papneja, CEO Julius Baer India
- Mayur Bhat, Deepak Chivukula and Niloy Dey have been appointed Team Heads
- Mayur Bhat will support the expansion in the West while Deepak Chivukula reinforces the firm's presence in Hyderabad and Niloy Dey will lead the strategic expansion in Kolkata
Julius Baer, the largest foreign wealth manager in India, announces the appointment of Guneet Singh as new Group Head, reporting directly to Umang Papneja, CEO of Julius Baer India. Guneet, who joined recently, has been focused on strategically expanding Julius Baer’s presence across the country. Guneet is a key member of the firm’s leadership team and will play an important role in driving the firm’s footprint in high-growth wealth markets across the country.
Guneet brings over 24 years of expertise in the wealth management industry. Prior to joining Julius Baer, he led the Private Banking and Global Private Client Business at HDFC Bank, where he managed clients across the country. His deep understanding of the Indian market, coupled with his proven experience in managing client relationships, will be instrumental in advancing Julius Baer’s growth initiatives and strengthening its leadership position in India.
As part of Julius Baer’s strategic expansion into India’s fast-growing wealth markets in the West, South, and East, key regional appointments are being made to enhance the team and reinforce the firm’s onshore presence. Mayur Bhat joins as Team head in Mumbai, further expanding Julius Baer’s presence in the West and driving the firm’s growth in the region. Mayur previously served as Senior Market Head, Private Banking at HDFC Bank. Deepak Chivukula will take on the role of Team Head in Hyderabad, strengthening Julius Baer’s presence in the South. He was formerly Zonal Head, Private Banking at ICICI Bank. Niloy Dey has been appointed Team Head in Kolkata to lead the firm’s growth in Eastern India. Prior to this, he served as East Head, Private Banking at HDFC Bank. All will report directly to Guneet Singh, who is spearheading the firm’s efforts to drive growth across these critical markets.
Umang Papneja, commenting on the appointments, said, “Attracting top talent is central to our long-term growth strategy. We are seeing a broad-based distribution of wealth across the country, and we are strengthening our teams to align with this shift. Guneet’s leadership, deep industry experience, and strong client focus will be invaluable as we accelerate our expansion in India. We are delighted to welcome him to Julius Baer and look forward to working together to unlock the vast opportunities ahead.”
These appointments reflect Julius Baer’s ongoing focus on strengthening its leadership and growing its presence in key markets across India. By aligning with the country’s shifting wealth distribution, Julius Baer aims to continue expanding its services to meet client needs in these evolving markets.
