Benchmark Capital, part of Schroders Group, has appointed Karan Sejpal as its new head of wealth management.
In the newly-created role, Sejpal will be responsible for revenue and growth across Benchmark’s employed, self-employed and independent partners’ adviser channels, as well as all advice and wealth activities.
He will assume regulatory responsibilities for Benchmark’s advice businesses and join the Benchmark Board as an executive director.
Sejpal brings over 20 years’ experience within the wealth management industry to the role, having held positions at Credit Suisse, Barclays and UBS. He joins the business from Cazenove Capital, also part of the Schroders Group, where he led its discretionary fund management team.
He will report to Ed Dymott, chief executive of Benchmark. Dymott said: “As we embark on our next phase of growth, it is essential we have the right leadership to deliver on our plans and achieve the best possible outcomes for our clients.
“Karan has extensive experience and has worked incredibly closely with Benchmark over the last two years as a member of our Board. He has a clear understanding of our strategy and is passionate about helping us achieve our goals.
“I am delighted to have attracted someone of Karan’s calibre to the business and look forward to working even more closely with him.”
Dymott added that the business is looking to make additional hires over the next few months, having recently hired Helen Fitzgerald as chief financial officer and Johnny Hannah as chief operating officer.
Sejpal said: “I am excited to join Benchmark at such a pivotal time in its journey. The business has ambitious growth plans, and I look forward to working with Ed, the Board, and our talented teams to help realise them.”
