J.P. Morgan has poached Vinay Gandhi from Deutsche Bank to head its global India business for the private bank.
Gandhi joins J.P. Morgan as a managing director, will be based in Singapore and will cover ultra-high-net-worth Indian clients around the world. He will report to Paul Scibetta, chief executive officer of J.P. Morgan's private bank in Asia, and will be a member of the operating committee of J.P. Morgan's private bank.
The India market is a top growth priority for us, and Vinay brings unparalleled knowledge and experience with ultra-high-net-worth Indian clients to lead our efforts, Scibetta said in a written statement.
Gandhi was earlier head of South Asia...