Satheesh will drive strategic growth in this role, building the brand, distribution footprint, product stack, platform and overall success in this client segment
FinTech BizNews Service
Mumbai, November 21, 2023: 360 ONE Wealth, one of India's leading wealth management firms, announced the appointment of Satheesh Krishnamurthy as the CEO of the high net worth business, a digital-led wealth management proposition for the high net worth segment. Satheesh will drive strategic growth in this role, building the brand, distribution footprint, product stack, platform and overall success in this client segment. The firm has made significant strides in proposition development, technology integration, and delivery models to meet the evolving needs of this segment.
Parinaz Vakil, who has been with 360 ONE Wealth for more than a decade, has been appointed as Head of Digital Products for the High Net Worth business led by Satheesh. She has vast experience in leading the Family Office & Client Analytics team besides developing digital programs focused on client and relationship manager journeys. The new team will include Jitendra Chandwani, Director Practice Head, who has been with 360 ONE Wealth for 5 years and Bhushan Sonkusare, CTO, who recently joined the company to drive tech transformation and platform engineering for the organization.
Prior to joining 360 ONE Wealth, Satheesh played a pivotal role in launching the brands of Axis Bank catering to affluent and private banking clients. Before Axis Bank, Satheesh worked with Citibank, working across multiple geographies and headed Citigold, the bank's flagship brand in the affluent space where he was instrumental in launching Citigold Private Client (CPC).
Karan Bhagat, Founder, MD & CEO, 360 ONE, said, “Satheesh's wealth of experience and in-depth knowledge of HNIs in India will significantly enhance our firm's pursuit of delivering innovative, best-in-class services to this high-potential market segment. With Satheesh at the helm, and a prudent mix of the existing team and fresh talent, we have full confidence in our capacity to expand our digital-led wealth management business, effectively meet the requirements of the High Net Worth segment and ensure profitability in our endeavours.”
Satheesh Krishnamurthy said, "I am delighted to be a part of 360 ONE Wealth, one of India's leading wealth and alternate asset management firms. The dynamic team here, innovative approach, and commitment to providing best-in-class services have been instrumental in establishing its strong position in the market. I am excited to lead the new proposition for high net worth segment and contribute to the firm's ambition of serving a wider range of clients through our professional wealth management services."
Satheesh’s responsibilities include identifying new business opportunities, distribution footprint, product stack, developing financial strategies, fostering operational excellence, building strong relationships with stakeholders, and leading a high-performance team.
Satheesh was featured in Fortune India's '40 Under 40' list in 2016 and was acknowledged as one of 'India's Hottest Executives in the Corporate Sector' by Business Today in 2015. Furthermore, he serves as a Director on the board of FIAI, India's financial distributor's body, dedicated to advancing the wealth management industry's cause, development, education, and progress.
Satheesh is a graduate from IIT Kharagpur and has done his Masters in Business Administration (MBA) from FMS, Delhi.
