BNP Paribas faucets Citi banker in Singapore amid wealth push


BNP Paribas SA has hired Gaurav Bathija from Citi Private Bank to be a managing director and senior relationship manager for South East Asia market. (PHOTO: Getty Commercial)

BNP Paribas SA has employed Gaurav Bathija from Citi Non-public Financial institution to be a managing director and senior relationship supervisor for South East Asia market. (PHOTO: Getty Business)

By David Ramli

(Bloomberg) —BNP Paribas SA has employed Gaurav Bathija from Citi Non-public Financial institution to be a managing director and senior relationship supervisor for South East Asia market, the most recent in a sequence of hires by the French financial institution to spice up its wealth and household workplace operations in Singapore.

Bathija, who labored with Citi’s household workplace shoppers in Singapore, was head of its Non-public Capital Group – South Asia there till final yr, in line with his LinkedIn profile. Lengthy-time HSBC Holdings Plc banker Jonathan Gan took on that function from July 2021.

BNP Paribas has been rising its wealth group in Singapore over the previous yr in an effort to draw extra household workplace and ultra-high-net-worth shoppers there. In April it employed Ruth Chung from Financial institution Pictet & Cie to be its Better China Market head within the city-state. Chung spent greater than 20 years at UBS. Ex-Credit score Suisse Group AG banker Aditya Chauhan was made head of its non-resident Indian and Worldwide market in late 2021.

“BNP Paribas Wealth Administration will proceed to strengthen our capabilities in each wealth hubs to make sure we offer the best-in-class providers and options to our shoppers in North Asia and South East Asia,” a BNP spokesperson wrote in an emailed response, referring to Hong Kong and Singapore.

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