Liechtenstein-based LGT's onshore wealth management unit in India has named a chief investment officer for equities.
LGT Wealth India has appointed Chakri Lokapriya as chief investment officer (CIO) – equities, according to a statement, reporting to managing director and CIO Rajesh Cheruvu.
Lokapriya has 25 years of investment management experience, most recently serving as managing director and CIO at TCG Asset Management. Previously, he also worked at J.P. Morgan, BNP Paribas and Franklin Templeton.
«We are thrilled with this addition to our leadership team. It demonstrates our dedication to strengthening our investment capabilities, particularly in navigating the dynamic equity markets,» said Atul Singh, managing director and CEO of LGT Wealth India. «With Chakri joining as CIO for Equities, we are significantly enhancing our equity research and portfolio management capabilities at a time when market volatility demands experienced leadership.»
