Religare Macquarie Wealth Management Ltd (RMWML), a 50-50 joint venture agreement (JV) between Religare Wealth Management Services and Macquarie’s banking and financial services group, through Macquarie Equities has put in place the core central leadership team by appointing Vikas Agnihotri as the chief executive officer.
Agnihotri will oversee the business operations based out of the head office in Mumbai and shall be responsible for taking key decisions, designing strategies and successful implementation, with the focus on creating, preserving and growing wealth.
He will also review the operations management and ensure that the company is represented with integrity before institutions, analysts and investors. Agnihotri shall be reporting to the six member RMWML board which has an equal representation from both Religare and Macquarie .
Agnihotri was, earlier, with Deutsche Bank where he was the commercial director private and business clients. Prior to Deutsche, he was working with Standard Chartered bank in various senior leadership positions such as sales director–consumer banking, head of service consumer, regional head branch banking–west and national manager of channel development & projects. He was responsible for streamlining sales processes and governance standards, increasing productivity and introducing a new sales reward and recognition system.