Hong Kong

Julius Baer announces appointment of new Group Head in Hong Kong

Julius Baer, the leading Swiss wealth management group, has announced the appointment of Vijay Solomon as Group Head Global India and Developed Markets (GIDM).

Based in Hong Kong, he brings with him a team of relationship managers to provide wealth management services to Indian Sub-continent (ISC) & Non-resident Indian (NRI) clients in Asia, the Bank said in a press release.

The sub region is a collaboration between Onshore India and Offshore markets that create a global Indian business. Solomon, says Julius Baer. Six relationship managers will join Bank Julius Baer and report directly to Vijay, who reports to Torsten Linke, Head Global India and Developed Markets. Together, they will provide best-in-class investment and wealth planning solutions to Indian clients in Asia – Julius Baer’s important second home market.

Julius Baer is currently the largest global wealth manager in India based on India Onshore AUM according to industry research, reports the firm. The business has a strong client franchise, pan-India footprint and experienced team of wealth advisors.  Along with a large footprint of NRI (Non-Resident Indian) focused business, this India Onshore business gives Julius Baer a strategic advantage in serving the Global Indian community – in India and around the world.

Solomon joins Bank Julius Baer with more than 23 years of experience in financial services and wealth management. He was most recently heading the NRI and Japan International businesses based out of Hong Kong for Credit Suisse. He was also one of the designated Executive Officers for Credit Suisse Hong Kong Branch. Prior to that, he has held senior wealth management roles at DBS, Societe Generale and ICICI Bank across Hong Kong and India.

Torsten Linke, Head Global India and Developed Markets, Julius Baer, said: “We are very pleased to announce that Vijay is joining our team. There are many expatriate Indians and people of Indian origin living or widely spread across the world, who represent a highly skilled segment with rising wealth. We will continue to attract the top talent to further strengthen and grow this sub-region.”