Mumbai, Aug 23, 2022
Sanctum Wealth has announced the appointment of Siddharth Khatkhate as its Head of Strategic Solutions. Based in Mumbai, he will report to Manish Jeloka, Co-head of Products & Solutions.
Siddharth has more than 14 years of experience across private equity, equity research, and transaction services with organisations such as Rabobank, Barclays Capital, and PwC in India and the U.S. The new role will witness him leading the strategic solutions function and focusing on building the platform across private investments and corporate advisory. This function sits at the crossroads of wealth management and investment banking.
Shiv Gupta, CEO of Sanctum Wealth, said, “Over the past few years, we have seen solid momentum in private deals, capital raising, and co-investment activity where our clients have been involved as both users and suppliers of capital. Going forward, we expect these activities to play an even more important part in our business. As we look to strengthen transaction origination, deal execution, and advisory capabilities across early and late-stage transactions, we are very pleased to have Siddharth with us at Sanctum Wealth. His depth and breadth of experience in this field will prove to be a substantial asset in providing our clients with high-quality solutions.”
Commenting on his appointment, Siddharth Khatkhate, stated, “I’m delighted to come on board at Sanctum Wealth, a company with an outstanding culture, and work alongside such a professional and experienced team of wealth managers and market specialists. I am impressed by the company’s client-centric approach and employee-friendly environment. Together with my new colleagues, I look forward to providing world-class private investing and corporate advisory solutions for Sanctum’s clients.”
Over a long career across financial markets, Siddharth has held leadership positions in several organisations. Most recently, he has worked with Rabo Equity Advisors, where he was responsible for spearheading negotiations, structuring, diligence, and execution of private equity deals. In this role, he also worked closely with investee companies across the investment and business life cycles. Siddharth holds a master’s degree in Accounting from the University of Florida and in Commerce from the University of Mumbai, where he was a gold medallist. He is also a qualified Chartered Financial Analyst (CFA) and a Certified Public Accountant (CPA).
About Sanctum Wealth Private Limited:
Sanctum Wealth is a full-stack wealth management platform that oversees more than ₹17,000 crores of client assets for more than 1,200 high-net-worth families in India and abroad. Headquartered in Mumbai, it has six branches in India. Through its two legal entities and six regulatory licences, Sanctum provides its clients with a range of services, including investments, estate planning, real estate, and private transactions. It was created in April 2016 by acquiring the Royal Bank of Scotland’s India Private Banking business.
For more information, please visitwww.sanctumwealth.com