Avendus Wealth Management appoints Swati Singh as Head of Fixed Income

MUIMBAI: Avendus Wealth Management, a subsidiary of local investment bank Avendus Capital, appointed Swati Singh as an executive director and Head of Fixed Income as part of strengthening the team and expanding its products to clients.She will report to George Mitra, CEO, Avendus Wealth Management.

Swati joins Avendus from IIFL Wealth Management where she had a six-year stint and was last associated as the Head of Fixed Income. Her prior stints include with ING Private Banking and Mata Securities.

"This is a strategic addition that reaffirms our commitment to delivering cutting edge investment solutions to our clients," says Mitra.

Avendus Wealth Management has hired about 20 people over the past three months in various roles across geographies. Ritwick Ghoshal earlier working with HSBC, Citibank and ANZ has joined to head the US NRI Business. Harmeet Sahney has joined as Executive Director to set up Avendus Wealth’s Kolkata operations. Harmeet worked with Barclays and Kotak prior to joining Avendus.

The wealth Management focuses on providing its customers customized investment solutions in equity, fixed income, real estate and alternate investment classes. The team currently provides investment advice to more than 200 High Net Worth families in India and in the USA and has Assets under Management of close to $1.2 billion.