Wealth management company, BajajCapital announced the appointment of Kalpesh Dave as Deputy CEO.
BajajCapital is steadfast in its commitment to providing clients with robust financial solutions. With a clear focus on wealth creation for our clients, we are excited to welcome Kalpesh Dave, a seasoned finance professional with over two decades of extensive experience in retail banking, investments, international and wealth management, and investment banking, as per the statement.
Rajiv Bajaj, Chairman & MD of BajajCapital Ltd., exuded unwavering confidence in this strategic decision, affirming, “BajajCapital stands at the cusp of a momentous growth phase, and we firmly believe that Kalpesh Dave’s profound grasp of the financial landscape will serve as a linchpin in realizing our ambitious vision towards building Global Private Wealth Business.”
Dave’s impressive career includes roles at prominent financial institutions such as L&T Financial Services, Aditya Birla Capital, Kotak Mahindra Bank, and ICICI Bank, among others. His academic achievements are equally commendable, with an alumni status and a visiting faculty role at the esteemed Indian Institute of Foreign Trade in Delhi. He also holds certifications from renowned B-Schools, including the Indian Institute of Management Ahmedabad, Welingkar University, and the Indian Institute of Banking and Finance, according to the statement.
Sanjiv Bajaj, Joint Chairman & Managing Director of BajajCapital, underscored, “Mr. Dave’s appointment signifies a strategic shift that will serve the Ultra HNI and HNIs of India in building and protecting their Wealth, leading BajajCapital into an exciting new phase of growth. His extensive and distinguished experience, underscored by a track record of exceptional achievements, positions him as the ideal individual to lead BajajCapital into this pivotal and promising chapter in our journey.”
Dave also played a pivotal role in establishing InCred Wealth as its first founding team member and managing partner. He played a critical role in the firm’s remarkable journey, transforming it from a mere startup to a powerhouse managing an impressive 1.2 billion dollars of AUM.
Speaking on his appointment, Dave stated, “I am deeply honored to become a part of BajajCapital at this pivotal moment in its journey. My primary focus is on ushering in innovation and transformative changes while staying steadfast to the core values that have earned this company its esteemed reputation in the industry. Our forthcoming endeavors will encompass the introduction of a robust domestic open architecture product range, a meticulously crafted offshore product suite, and a distinct unique multifamily office offering, all aimed at providing enhanced financial solutions to our valued clients.”
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.