India-focused financial services group Avendus has appointed Nitin Singh, a former Standard Chartered executive, as the managing director and chief executive officer of unit Avendus Wealth Management.
Singh will also be part of Avendus’ executive committee, the group’s strategic think tank, it said in a statement. He was managing director and head of Standard Chartered’s wealth management business before joining Avendus.
He will be responsible for managing the team of private bankers, product specialists and portfolio managers who serve the clients across the country.
An alumnus of the Indian Institute of Management-Bangalore, Singh had previously worked at HSBC Private Bank as the global head of fund strategy that was responsible of exchange-traded funds and long-only mutual fund offerings. He was also a member of HSBC’s Private Bank Global Investment Committee.
