India's Wadhawan Global Capital announced its entry into private wealth management with an industry veteran to lead the business.

Mumbai based Wadhawan Global Capital (WGC), a leading financial services group with $20 billion in assets under management, named former Julius Baer head Atul Singh, to lead the business. 

Singh, who ran Zurich-based Julius Baer's business in India for nearly two years, was a key player in the integration of acquisition Merrill Lynch in India. Singh also established Julius Baer's private wealth management platform for wealthy Indians.

He spent seven years as a consultant with Booz Allen Hamilton before in 2006 joining Merrill Lynch, which was bought by Julius Baer five years ago. «We look forward to creating a unique yet dominant market leadership position in wealth management,» said Singh.