Centrum to Bring on Board Sandeep Das to Lead its Wealth Management Business
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Centrum Group, a leading diversified financial services organization, appoints Private Banking veteran Sandeep Das as Managing Director & CEO of Centrum Wealth Limited, its Wealth Management arm. Sandeep comes with a proven track record of over 30 years with global private banks, creating effective strategies and driving business growth in India and overseas. He has held leadership positions with Barclays Private Bank, ANZ Grindlays and Standard Chartered Bank and has vast experience in M&A, strategy, planning and governance. Sandeep graduated in Economics from Shri Ram College of Commerce, Delhi followed by an MBA from XLRI. He has attended Executive Management Programs at renowned institutions such as INSEAD, Said Business School (Oxford University) and Indian Institute of Management, Calcutta.
At Centrum Wealth, Sandeep will be responsible for driving overall business strategy and growth, strengthening relationships with existing clients, enhancing customer experience, adopting newer technologies, attracting and managing talent and expanding the clients & services portfolios.
Commenting on the new appointment, Jaspal Bindra, Executive Chairman, Centrum Group, said, “I am delighted to welcome Sandeep Das as part of our group leadership. His rich and vast experience in managing High Networth client segments in Private Banking will add immense value in strengthening our wealth business and shaping its long term strategy. Centrum Wealth’s AUM & Revenue, have both been growing at a ~25% CAGR over the last 3 years and I am confident that under his capable leadership, the team will achieve new milestones.”
Centrum Wealth offers investment advisory to HNIs, Family Offices and Corporate Treasuries. As on 31 st March 2023, it managed Client Assets of over Rs 35,000 crores, with presence across 15 locations and a team of approx. 300 people. Centrum Wealth expects a sharp growth in the Wealth Management industry, fueled by rising number of HNIs and Unicorns.
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