Mumbai, 17th July 2024: Wealth tech platform Kairoswealth is pleased to announce the appointment of Singaporean banker Gaurav Babbar as its new Chief Business Officer.

Gaurav Babbar is a highly esteemed Senior Executive in the investment management sector, recognized for his exceptional ability to develop new markets and manage multi-billion-dollar assets. With over 20 years of international experience across the UAE, Singapore, and India, Gaurav combines deep financial knowledge with strategic business planning, innovative product launches, and adept leadership. Gaurav’s extensive expertise spans customer relationship management, sales and marketing strategies, regulatory compliance, risk evaluation, financial analysis, governance, and controls. His ability to identify both short-term and long-term gain opportunities has driven substantial revenue growth and positioned him as a visionary leader in the industry. Throughout his career, Gaurav has made significant professional impacts by leading groundbreaking initiatives to promote brands, attract new clients, and increase the value of assets under management.

Gaurav’s career highlights include his role as Executive Director of Managed Investments at the Bank of Singapore, where he drove significant portfolio diversification and increased assets under management by 25% since 2020. His data initiatives and revamped marketing materials enhanced the bank’s positioning and cross-selling opportunities. As a Senior Product Specialist in the Middle East, he spearheaded the Managed Investments business, achieving 5x growth in the DPM Advisory business and 2x growth in the Alternatives business. Previously, as Head of Middle East at Eastspring Investments Ltd, Gaurav successfully grew the business in the GCC by 40%, developing a core prospect list and securing strategic mandates with leading institutions. His career is a testament to his ability to drive innovation, growth, and success in the investment management sector.

Kairoswealth Chairman and Terra Invest Founding Partner Krishan Rattan expressed his enthusiasm for the new appointment, stating, “We are excited to welcome Gaurav to our team and to quickly bring wealth tech into the future using AI and digitization. Gaurav’s expertise and leadership will be instrumental in driving our strategic initiatives and expanding our market presence.”

Known for his incisive strategic thinking, Gaurav has developed deep insights into business behaviours and protocols across various jurisdictions. His international banking experience has allowed him to excel in market trend analysis and competitive analysis. As a strong negotiator, Gaurav ensures rigorous scrutiny of deal-making processes, maintaining a strict focus on risk, quality assurance, and service delivery. Additionally, his people leadership skills enable him to attract, select, motivate, and empower high-calibre talent, setting challenging KPIs and fostering business and process improvements.vements.