Liechtenstein-based LGT’s onshore India business has hired an ex-Barclays executive to its wealth planning team.

LGT Wealth India – LGT's onshore business in India – has appointed Poonam Mirchandani as managing director for the wealth planning & family solutions division, according to a statement. Based in Mumbai, she will work with the team to expand its offerings in succession and estate planning while also supporting wealth management, global mobility and philanthropy.

Mirchandani joins from Barclays Private Bank and previously also worked at corporate trustee ITCL India.

«India Inc is set to experience a wave of succession – both for businesses and wealth – in the coming decade,» said Atul Singh, managing director and CEO of LGT Wealth India. «We are excited to welcome Poonam Mirchandani to our team. Her profound industry insights and strategic acumen in family and wealth planning will be instrumental in enhancing our advisory capabilities with effective solutions.»