LGT Wealth India, a private wealth management company and part of the LGT Group, has appointed Chirag Doshi as the chief investment officer (CIO)-fixed income and Abhishek Modi as the director of portfolio management.
Prior to LGT, both Chirag Doshi and Abhishek Modi were working with Credit Suisse.
According to a company statement, Doshi brings over two decades of experience in fixed-income markets, specialising in instruments like bonds, government securities, high-yield credits, and structured products. His primary focus at LGT Wealth India will be to spearhead overall fixed-income investments and build debt PMS strategies. Chirag will report to Rajesh Cheruvu, Managing Director & Chief Investment Officer at LGT Wealth India.
Abhishek Modi, who will be reporting to Chirag, has been entrusted with the responsibility of fortifying and strategically managing investment portfolios. With 15 years of experience in the Indian Equity and Debt Markets, his expertise lies in developing and implementing investment strategies based on macroeconomic trends.
Speaking on the appointments, Atul Singh, Managing Director & Chief Executive Officer at LGT Wealth India said, “We are delighted by these appointments, as they exemplify our commitment to expanding and further strengthening our existing wealth management portfolio for HNI Indian families. These inclusions to our already tenured product & research team will significantly bolster our asset management capabilities and initiatives, further solidifying our commitment to providing a comprehensive suite of financial solutions and exceptional value to our clients. We are resolute in our mission to cater to their diverse financial needs through a wide range of services.
Additionally, Rajesh Cheruvu, Managing Director & Chief Investment Officer at LGT Wealth India commented, “Chirag and Abhishek both possess extensive knowledge and expertise in fixed-income markets, including investment strategy formulation, bond ideation, active portfolio management, and corporate treasury management. Their profound understanding and experience will greatly contribute to our firm's capabilities in these areas. In the near future, we have plans to introduce our Debt Portfolio Management Services (PMS) and Corporate Treasury services. The inclusion of these new hires will play a vital role in fortifying and enhancing our forthcoming offerings.