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Swiss-based Banking Major Julius Baer Affirms Expansion Plans across Asia, Begins with Fresh Hiring

From the financial sector there is some stir in Asia as mediated by recent developments in foreign investment. As part of Swiss-based finance company, Julius Baer’s long standing financial goals of steady business expansion across the globe, the institution has recently affirmed its upcoming development programs in Asian country India.
The Swiss bank has recently invested in workforce expansion in the country following which six new relationship managers have been freshly hired.
The news has been optimally verified by the company spokesperson who has also reaffirmed company’s decision to expand its business operations in Asia, beginning with India. Hence, the hurried workforce expansion.
the words of Asia Pacific head of Julius Baer, Mr. Jimmy Lee, who also chairs executive board committee, the company considers India as strategically crucial market and the recent activities in the country is highly indispensable to further the company’s business vision in Asia.
Amongst the new hiring completed last month, Himanshu Bhagat has been appointed as the head of Julius Baer’s wealth and asset management fringe, India office.
He is also appointed as a core management committee member for the region. The company has been substantially banking upon expansion of its digital capabilities and hence is likely invest substantially in brainstorming novel infrastructure development activities to optimally meet the growing demands of the clients in the region.
Amongst other notable developments besides headcount expansion in the region, Julius Baer India division is also launching a new platform, Next Generation feeder fund to offer its clients with ready-to-use, next-gen investment themes, thus successfully tapping lurking opportunities on a global diaspora. Thus it can safety be stated that the ongoing global pandemic and COVID-19 crisis has not been able to dampen financial investments in Asia completely.