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If you’d like to follow our business, our growth and our key milestones, you’ve come
to the right page. These are all the reasons we make headlines regularly.

We make the news for all the right reasons

If you’d like to follow our business, our growth and our key milestones, you’ve come to the right page. These are all the reasons we make headlines regularly.

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Leadership Interviews

12 August 2024

Indian wealth manager opens Dubai office

Nuvama Group, a wealth manager based in India, has expanded into the Midde East. Its private banking arm, Nuvama Private, is opening an office in the Dubai International Financial Centre.

Leadership Interviews

12 August 2024

Nuvama Private serves global Indians through new DIFC office

Nuvama Private, the private banking arm of Nuvama Group, one of India’s largest, listed Institutionally backed wealth management firms,

Leadership Interviews

12 August 2024

Nuvama Private establishes office in the DIFC

Nuvama Private, the private banking arm of Nuvama Group, an India-based wealth management firm, has expanded its activities to service the Middle East.

Leadership Interviews

12 August 2024

India’s Nuvama Private Launches In DIFC, Appoints Senior Executive Officer

The India-based private banking business, part of a wider group, said there is a "growing aspirational class of global investors" who want plug into India's growth story.

Leadership Interviews

14 June 2024

PAG-backed Nuvama Private eyes SG, Dubai as NRIs seek India experts

The Indian wealth manager is also seeing an uptick in interest in Reits and InvITs, as well as gold among its high and ultra-high-net-worth clients amid a frothy equities market.

Leadership Interviews

20 March 2024

Private Banking and Wealth Management – The Present Indian Situation

Today, investors in India have started to understand asset classes beyond fixed deposits, gold and real estate investments.

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Media Contact

Shalaka Kagathra

Shalaka.Kagathra@nuvama.com

+852 3719 3375

Disclaimer

Nuvama Wealth and Investment Limited is a corporate agent of HDFC Life and is acting as a distributor. Since this is not a Exchange traded product, access to its investor redressal forum or Arbitration mechanism, will not be available.

Disclaimer: Nuvama Wealth and Investment Limited is a corporate agent of HDFC Life and is acting as a distributor. Since this is not a Exchange traded product, access to its investor redressal forum or Arbitration mechanism, will not be available.

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Amit Saxena

Managing Director & Market Head - North

Amit Saxena, a highly accomplished professional, currently holds the position of Executive Director at Nuvama Private. With a long-standing association with the firm since 2013, Amit has played a pivotal role in establishing and scaling up the Private Wealth business.

With over 20+ years of experience, Amit is a seasoned veteran in the Wealth Management industry. Prior to joining our team, he held key positions at esteemed institutions including Bank Sarasin, DSP Merrill Lynch, and Standard Chartered Bank, where he made significant contributions to their Wealth Management divisions.

Based in Delhi, Amit continues to make noteworthy contributions to the field of Wealth Management, leveraging his extensive expertise and industry insights.

Amit holds a commerce degree and is a qualified Cost Accountant from ACWA. He further enriched his qualifications by earning a Master’s degree in Business Administration from Symbiosis, Pune. These educational achievements reflect his commitment to continuous learning and professional development. His contributions and leadership at Nuvama Private have been instrumental in the firm’s growth and success.

Priyanshu Gaurav

Executive Director & Market Head - West 2

Priyanshu Gaurav, a highly experienced Private Banker, brings a wealth of strategic and innovative thinking to Nuvama Private. With an impressive tenure of over 21 years in the industry, Priyanshu possesses a deep understanding of financial markets and has spearheaded the expansion of operations across Maharashtra and Goa (excluding Mumbai) in just 4 years. With a keen eye for emerging trends and a relentless pursuit of excellence, Priyanshu Gaurav continues to make a significant impact in his role at Nuvama Private. His leadership and expertise serve as invaluable assets in driving sustainable growth and success for the organization.

Before joining Nuvama, Priyanshu spent over 14 years with HDFC Private Banking, where he played a pivotal role in elevating the Private Banking vertical to new heights of leadership. In recognition of his achievements, he was honored with the prestigious “Wealth Manager of the Year (Individual) 2023” award by Economic Times Ascent.

Priyanshu holds a Master’s Program in International Business from the esteemed Symbiosis Institute of International Business in Pune. Beyond his professional endeavours, he is driven by a passion for spirituality and philanthropy. He firmly believes in giving back to society and making a positive impact on the lives of the underprivileged, particularly in the realms of children’s education and healthcare.

Saurabh Rungta

Senior Managing Partner & CIO

Saurabh Rungta serves as the Senior Managing Partner and Chief Investment Officer (CIO) at Nuvama Private. As the CIO, Saurabh leads a team of professionals responsible for various investment decisions, including product due diligence, portfolio advisory, asset allocation, risk management, publishing investment communications, and ensuring compliance with regulatory requirements.

With nearly two decades of experience in trading and investment across multiple asset classes in both Indian and offshore markets, Saurabh brings a wealth of expertise to his role. Prior to joining Nuvama Private in October 2018, he held the position of Head of Products at Kotak Wealth Management. Before that, he spent over two years as the Head of International Products at IIFL Wealth Management, where he played a key role in establishing their international investment platform. Saurabh also gained valuable experience during his tenure at ICICI Group and Citi Group.

Throughout his career, Saurabh has provided valuable guidance to multiple Ultra High Net Worth Individuals (UHNIs) and their families. His expertise encompasses market outlook, portfolio positioning, asset allocation, and investment strategies for international assets.

Saurabh Rungta’s extensive experience and deep understanding of the investment landscape make him an invaluable asset to Nuvama Private. His leadership and guidance in investment decisions contribute to the firm’s success in providing exceptional wealth management services to its clients.

Sandeep Chakraborti

Managing Director & Market Head - South & East

Sandeep Chakraborti is an experienced professional who has been serving as the Sr. Managing Partner & Market Head – South & East at Nuvama Private since October 2017.

Sandeep embarked on his career journey with ICICI Bank Ltd and has amassed an impressive 20 years of relevant work experience with a remarkable tenure of over 11 years at Kotak Wealth. He brings a wealth of expertise to his current role and leverages his extensive experience and qualifications to provide exceptional financial guidance and tailored solutions to clients. His strategic insights and deep understanding of the industry make him an invaluable asset in the realm of private wealth management.

He holds a Master of Business Administration degree from IIM – Bangalore, displaying his commitment to continuous learning and personal development.

Alok Saigal

President & Head, Nuvama Private

Alok Saigal, the President and Head of Nuvama Private, has been an integral part of the firm since 2014. With his visionary leadership, Alok has played a pivotal role in the transformation and expansion of the wealth business. He founded the Family office practice, introducing Wealth Structuring and Estate Planning services tailored for Ultra High Net Worth Individuals (UHNIs). His innovative approach and expertise have greatly benefited the firm’s discerning clientele.

In addition to his accomplishments in the wealth management space, Alok also oversaw the Products and Investment Advisory functions for a commendable four-year period. His strategic insights and deep understanding of the market have contributed to the firm’s success in providing exceptional investment guidance and tailored product offerings.

Alok Saigal’s long-standing association with Nuvama Private, coupled with his trailblazing initiatives and leadership, have solidified his position as a respected figure in the industry. His unwavering commitment to excellence and continuous drive for innovation make him a true asset to the organization.

Alok has over 25 years of work experience and holds a Master’s degree in Economics from the Delhi School of Economics, Delhi University. Prior to joining us, Alok was associated with Darashaw. He set up and anchored the company’s business in Singapore with focus on Wealth Management & Strategic Initiatives. Post this global exposure, he spearheaded the Investment Management and Private Client platform at Darashaw in Mumbai. He has also been associated with HDFC Bank where he looked after Funding & Banking Solutions for Large Indian Corporates & MNCs as part of the corporate banking group.