Julius Baer adds an ex-Credit Suisse private banker to join as its group head for global India and developed markets alongside the hire of a team of relationship managers.
Vijay Solomon joins Julius Baer as its Hong Kong-based group head for global India and developed markets (GIDM) to serve Indian sub-continent and non-resident Indian (NRI) clients in Asia, according to a statement.
The bank has also hired six relationship managers who will report to Solomon, who then reports to Torsten Linke, head of GDIM.
Solomon has 23 years of experience in the financial sector and was most recently Credit Suisse’s Hong Kong-Based head of NRI and Japan international business. Previously, he held various senior wealth management roles at DBS, Societe Generale and ICICI Bank across Hong Kong and India.
Onshore-Offshore Link
According to the statement, Julius Baer is the largest global manager in India based on onshore assets under management driven in part by a sub-region model that involves collaboration between onshore and offshore India markets to create a global Indian business.
«There are many expatriate Indians and people of Indian origin living or widely spread across the world, who represent a highly skilled segment with rising wealth,» said Linke. «We will continue to attract the top talent to further strengthen and grow this sub-region.»
