Akshay Jaitly joined the French bank in late March 2012, based in Hong Kong. Jaitly reports to Stephane Honig, head of Indian markets for BNP Paribas Wealth Management.

He was previously global head of private banking at Axis Bank.

Prior to that, he was NRI market director for North Asia at Merrill Lynch Asia-Pacific. Before that he was with Citi based in Hong Kong, Australia and Singapore, looking after NRI clients.

Jaitly will lead a team of relationship managers dedicated to Indian clients in North Asia to strengthen client service capabilities for tapping the high potential business opportunities in the market, said BNP in a statement.

BNP Paribas Wealth Management is the world’s 7th largest private bank, with €244 billion ($319 billion) worth of assets under management (as at end December 2011).