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Sanctum Wealth Management Commences Operations

Mumbai, Apr 20, 2016

RBS and Sanctum Wealth Management Announce Closing of Deal Royal Bank of Scotland (RBS) and Sanctum Wealth Management (Sanctum) today announced the closing of the deal, signed on 24 September, 2015, to transfer RBS’ Private Banking business to Sanctum, thus marking the launch of Sanctum Wealth Management in India. Sanctum has acquired all the necessary…

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Ex-Coutts Boss Rory Tapner Resurfaces as Chairman of New Wealth Manager

The Wealth Net, Mar 2, 2016

Rory Tapner, the head of Coutts until February last year, has become chairman of Sanctum Wealth Management in India, a firm formed from the buyout of the private banking business of RBS in the country. The company has been founded by Shiv Gupta after the agreed MBO of the business which he had headed under…

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Sanctum Wealth Management Reveals Board

Hubbis, Feb 29, 2016

Sanctum Wealth Management in India has announced the constitution of its board of directors. They include Rory Tapner, former chief executive officer of Coutts Group; Jayesh Parekh, managing partner of Jungle Ventures; Shagun Kapur Gogia, founder and managing director of Tuscan Ventures; Nitin Nath, co-founder at Mount Nathan Advisors; and Shiv Gupta, the firm’s founder….

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Royal Bank of Scotland sells Indian private banking business to Sanctum Wealth Management

The Economic Times, Sep 25, 2015

MUMBAI: The head of Royal Bank of Scotland (RBS) Group’s India wealth management operation is buying the business from the British bank in a deal said to be valued around Rs 200 crore, marking a rare management buyout deal in the country’s corporate landscape. Sanctum Wealth, a firm led by Shiv Gupta and backed by…

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