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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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RBS In Talks For Management Buyout Of Indian Private Banking Arm

Bloomberg, Jul 27, 2015

Royal Bank of Scotland Group Plc is in talks for a management buyout of its Indian private banking operations. The Edinburgh-based lender has signed a non-binding framework agreement and is in discussions to sell the business to Sanctum Wealth Management, it said in an e-mailed statement to Bloomberg on Monday. Sanctum is led by Shiv…

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