Avendus Wealth Management, a subsidiary of Avendus Capital, today announced the appointment of Arvind Bansal as Head of Products. He will be a part of the leadership team reporting to George Mitra, CEO, Avendus Wealth Management.
Based in Mumbai, his key responsibilities will include strengthening the existing product capabilities in equity, fixed income and real estate asset classes. He will lead the development of alternatives asset class practice for wealth management, with special emphasis on private equity and leverage Avendus group’s strength in the business.
Arvind joined Avendus from Ocean Dial, a boutique asset management firm. He has also been the CIO for the multi-manager business of ING Mutual Fund, in his earlier role. His prior experience includes terms at KPMG and Prudential ICICI.
An engineer by qualification from IIT Delhi and an MBA from ISB Hyderabad, Arvind has an overall experience of 16 years, with last 11 years in the asset management business.
Commenting on his induction, Avendus Wealth Management’s Chief Executive Officer, George Mitra, said, “Arvind’s extensive experience will be very helpful in delivering customized products to our clients, which has always been the key differentiator for Avendus Wealth Management. His domain expertise will help us provide better returns and mitigate risks through robust product structuring. We look forward to working with him in talking the wealth management business to a next level."
Avendus Wealth Management focuses on providing its customers customized investment solutions in equity, fixed income, real estate and alternate investment classes. Avendus Wealth Management has also been ranked as one of the top choices among HNWIs as per the AsiaMoney Private Banking Poll 2013 in the > US $ 25M group. The team currently provides investment advice to 140 High Net Worth families in India and in the USA.
Avendus Wealth Management is a SEC (Securities and Exchange
Commission) Registered Investment Advisor in the US to conduct investment
advisory business in select jurisdictions.
