Wadhawan Global Capital (WGC) has entered the private wealth management sector with a venture headed by industry veteran Atul Singh.
Mr Singh was formerly chief executive of Julius Baer in India. He also held leadership positions in Merrill Lynch’s India and Singapore businesses and Booz Allen Hamilton in New York.
WGC’s strategic goal is to create “an integrated financial platform for lending, protection, asset management and private wealth.”
WGC Chairman Kapil Wadhawan said the private wealth management business is an “inevitable opportunity for us to add to our integrated financial services platform.”
WGC describes itself as one of India’s leading financial services institutions with over $20 billion assets under management. It is the parent company to some of the trusted brands in India such as affordable housing lender DHFL, Aadhar Housing Finance, Avanse Financial Services, DHFL Pramerica Life Insurance, DHFL Pramerica Asset Managers and DHFL General Insurance.