Avendus Wealth Management Appoints Apurva Sahijwani As Md & CEO

May 15, 2024•about 1 year ago

Position

Chief Executive Officer

Company

Avendus Wealth Management

Apurva Sahijwani

MumbaiFinancial Services

Description

Avendus Wealth Management has onboarded Apurva Sahijwani, a former Axis Bank executive, as its new Managing Director and Chief Executive Officer. With over 25 years of experience in private banking and wealth management, Sahijwani will head the wealth management business and aims to cross-leverage Avendus’ investment banking, institutional equities, and asset management propositions to address the requirements of India’s UHNIs and family offices.

Company Information

Company

Avendus Wealth Management

Location

Mumbai, Maharashtra, India

About

Avendus Wealth Management is the wealth management arm of Avendus Capital, providing services to family offices, UHNIs, and corporates. It has assets under management (AUM) of $6 billion (Rs 50,092 crore) and was established in 2010.

Related People

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months