Who's Moving Where In Wealth Management? - Avendus

Editorial Staff

21 April 2020

A former wealth and investment chief for Barclays has taken up a new role with India-based . Akshaya Bhargava, who will be based in London, has become a non-executive director at the firm.

Bhargava is the founder of Bridgeweave, a business-to-business fintech firm that creates artificial intelligence-powered products for wealth and asset management industries.

From 2014 to 2017, he was the global CEO of wealth and investment management for Barclays. Before that, he founded InfraHedge, a hedge fund managed account platform, which was acquired by State Street Corporation in 2013. He has also served as CEO of Butterfield Fulcrum Group (acquired by MUFJ Group) and the founding CEO of Progeon (acquired by Infosys and later renamed as Infosys BPO in 2006).

Bhargava started his career at Citibank where he spent 22 years in varied senior roles including country manager with Citibank Czech Republic, global product head for Citi's ELC business, regional GTS head for CEEMEA region, as well as other senior roles in product management and corporate banking.

Avendus Wealth Management oversees AuM of $4 billion. Started in 2010, it serves family offices, ultra-high net worth individuals and corporates. The group, which was set up in Mumbai in 1999, also has a presence in the US, the UK and Singapore.