LGT Wealth India Strengthens Coverage In Tier 2 and 3 Cities Through Senior Hires

LGT Wealth India, part of the LGT Group, appoints a team of seasoned professionals. A total of five executives with a wealth of experience joined the firm from Centrum Wealth Management. 

Rajat Nijhawan joins as executive director – Private Clients in Delhi.  Rajat has two decades of experience in private banking and wealth management, across reputable institutions such as ICICI Bank and Bajaj Allianz Life Insurance.  Also joining the Delhi team alongside Rajat is Arjun Grover, taking on the role of Director – Private Clients.  He will support Rajat in further building a strong client base in Delhi and NCR region. 

Arpit Mehrotra joins as executive director – Private Clients in Lucknow and also brings nearly two decades of valuable experience built across firms like ICICI Bank, Citibank, and UTI AMC.  Concurrently, Anubhav Shukla, appointed Director – Private Clients in Kanpur, brings deep expertise in wealth management as well.  Karan Khanna also joins Arpit in Lucknow, assuming the role of Associate Director – Private Clients.  

The appointments of Arpit, Karan, and Anubhav highlight India’s new wealth centers outside of the metros and mini-metros.   

Commenting on these strategic appointments, Atul Singh, LGT Wealth India’s MD and chief executive officer, said, “We believe that the UHNI landscape is expanding rapidly, not just in Metros but also in tier 2 and 3 cities, and it is imperative to build an experienced, local coverage to service them effectively. This team of experienced professionals will further our presence in key but underpenetrated growth markets.” 

LGT Wealth India employs more than 200 staff and has a presence in 14 cities across India. Attracting the best talent in India is helping LGT Wealth India gain a foothold in the Indian wealth management market.   

LGT Wealth India is a private limited company registered with the Securities and Exchange Board of India as a portfolio manager and is engaged in the business of providing various financial services and/or products to its clients. LGT Wealth India is majority owned by LGT, a leading international private banking and asset management group that the Liechtenstein Princely Family has fully controlled for over 90 years. LGT Wealth India manages assets of $1.8 billion for UHNI and HNI clients. LGT Wealth India employs over 200 people across 14 locations in India.