About Us
Our expertise and experience makes us your preferred
investment partner
Who are we?
HDFC Bank Wealth Management Services has over 25 years of expertise and offers exclusive investment services tailored to affluent and ultra-affluent clients. Our wide range of financial products are designed to adapt to the evolving economic landscape and enable our clients to manage, create and grow their wealth.
Key Highlights
25+ years
25+ years
of Expertise
1000+
Wealth Experts
₹5700 billion+
Assets Under
Management
923 cities
Our National
Presence
84,000+
Affluent Families
Managed
Leadership Team
Rakesh K Singh
Group Head - Private Banking, Financial Institutions, International Banking & BaaS, HDFC Bank.
Rakesh K. Singh is Group Head - Private Banking, Financial Institutions, International Banking & BaaS at HDFC Bank. He has over 31 years of experience in managing Client Relationships, Debt and Equity Capital Markets, Wealth & Private Banking, Structured Finance, Liabilities Products, Managed Programs, International Banking and Banking as a Service (BaaS) and managing Proprietary Investments.
Prior to joining HDFC Bank, he worked with Rothschild, Morgan Stanley, DSP Merrill Lynch, Standard Chartered Bank and ANZ Investment Bank.
Rakesh joined the Bank in 2011 and has been instrumental in setting up the Investment Banking and Project Finance, GCC & Financial Sponsor Coverage and BaaS business for HDFC Bank. In the Investment Banking business, as on 30th September 2024, the Bank is presently ranked #3 in INR Bonds by Bloomberg. The Bank is also ranked #2 amongst leading arranger of INR Loans by Bloomberg and is a leader in lending for infrastructure projects across transportation, energy and other sectors.
The Private Banking business has significantly grown under his leadership and the bank now manages AUM of more than Rs.7 trillion across over 84,000+ families in India and overseas.
HDFC Bank was adjudged as “India’s Best for HNW” in the Euromoney Private Banking Awards 2025.
In the Global Private Banking Awards 2024 organised by Professional Wealth Management (PWM) published by the Financial Times, HDFC Bank was adjudged the Best Private Bank in India.
In the Global Private Banking Awards 2023 organised by Professional Wealth Management (PWM) published by the Financial Times, HDFC Bank was adjudged the Best Private Bank for Education and Training of Private Bankers (Asia), Best Private Bank for Growth Strategy (Asia) and Highly Commended in the Best Private Bank in India category.
In the Euromoney Private Banking and Wealth Management Survey for 2018, 2021 & 2022, HDFC Bank was ranked #1 Private Bank in the High-Net-worth Super Affluent Clients & Mass Affluent Clients category, respectively.
HDFC Bank was adjudged Best Private Bank in India at the Global Private Banking Awards 2021, organised by Professional Wealth Management (PWM).
Rakesh is an MBA from Institute of Management Technology (IMT), Ghaziabad and has completed Technology Leadership Program with University of California (UC), Berkeley, USA.
He serves as a Trustee on the Board of Society for Nutrition, Education and Health Action (SNEHA). He has served as Committee Member - CII National Committee on Banking, Nominee Director on the Board of National Asset Reconstruction Company Limited (NARCL) and as a Member of the Steering Committee of Climate Finance Leadership Initiative (CFLI), India.
Ritesh Sampat
National Head - Wealth
Ritesh has been with HDFC for 12 years, during which he pioneered the establishment of the Bank's Investment Banking & Project Financing practice. He has over 23 years of experience across project finance, structured / mezzanine financing & bonds market.
Prior to HDFC Bank, he has worked with Standard Chartered, Morgan Stanley, Merrill Lynch & ICICI Bank.
Ritesh is a qualified Chartered Accountant and Certified Treasury Manager.
Rajesh Singh
Business Head – Hyderabad, AP & Telangana, Bangalore, Goa, ROK, Tamil Nadu, Kerala, Pune and ROM
Rajesh has been with HDFC Bank for close to 3 years. He has over two decades of experience across Private Banking, Wealth Management and Retail Banking.
Prior to joining HDFC Bank, he worked with Citibank India for close to 17 years. He started his career with a 2- year stint at Tata Steel as a mining engineer.
Rajesh is BE in Mining Engineering from Bengal Engineering College, Shibpur, Kolkata (now IIEST) and MBA from NMIMS, Mumbai. He likes long distance running, swimming, music & movies, tracking Indian politics and spending time with family.
Ankur Maheshwari
Business Head - Wealth for Central India, Mumbai and East
Ankur joined HDFC Bank in February 2022 as Head of Investment Analytics & Wealth Products where he spearheads client-centric investment strategies, by leveraging his team of analysts to identify market-aligned products. He has over two decades of experience in Consumer Banking & Wealth Management.
Prior to HDFC, Ankur founded and led Equirus Wealth, after a decade at Citibank and roles at JP Morgan, ICICI Bank and Asian Paints.
He's been recognised with awards like "Rising Star for Asia-Pacific" in 2020 and "40-under-40" in 2019 by AIWMI, IAAIF, and Business World Magazine.
Ankur is an engineering graduate and IIM Calcutta alumni. He is also a prolific author with publications in leading dailies and financial journals.
Nidhie Grewal
Business Head - Wealth for North India - Delhi- NCR, Uttarakhand and Uttar Pradesh
Nidhie Grewal is a veteran banking professional with over 20 years of experience in consumer banking and wealth management. She began her career in Retail Branch Banking at HDFC Bank, where she developed a strong foundation in client-focused banking services.
In November 2018, she re-joined HDFC Bank as Market Head, HDFC Wealth, spearheading the development and expansion of wealth operations across multiple geographies including Uttar Pradesh, Rajasthan, Punjab, and Delhi NCR. Under her leadership, Regional teams were established and scaled to cater to affluent and HNI clients, further anchoring the Bank’s presence in North India.
Before her second stint at HDFC Bank, Nidhie spent over a decade at HSBC, where she held the position of North Head for Retail Banking and Wealth Management. Additionally, she engaged in global assignments and participated in marquee leadership programs, contributing to strategic growth and client service enhancements across markets.
Her educational credentials include a Bachelor’s degree in Economics (Hons) and she is an alumna of IMT Ghaziabad.
Parvez Kumar
Business Head – Wealth for Punjab, Haryana, J&K, Gujarat and Mumbai
Parvez joined the Bank in April 1999, starting his journey in Retail Banking. With a strong foundation in financial advisory and client servicing, he transitioned to the Private Banking Group (PBG) in 2000 as a Relationship Manager. Over the years, Parvez has developed deep expertise in wealth management, eventually taking on leadership roles and heading Wealth teams across key markets including Delhi, Kolkata, and Mumbai.
His long-standing association with the Bank reflects a consistent commitment to delivering value-driven financial strategies and building enduring client relationships. Known for his client-centric approach, deep understanding of investment products, and strong relationship management skills, Parvez continues to play a pivotal role in shaping the Bank’s wealth management offerings.
Parvez holds a B.Com (Hons), an M.B.A., and is a Chartered Financial Analyst (C.F.A.). His unique combination of academic credentials and over two decades of industry experience provides him with a holistic understanding of financial markets and investment strategy.
Bharat Pareek
Head – Investment Analytics and Wealth Products
Bharat heads Investment Analytics and Wealth Products . He spreadheads a team to bring in-depth researched client-centric investment strategies & solutions and is instrumental in driving the Analysts’ Team for independent client portfolio analysis and portfolio construction to optimise risk adjusted returns.
He has over 23 years of rich experience across financial markets and has worked with some of the most prestigious names in the industry. He specialises in varied domains across fund management, proprietary trading, corporate treasury and resource mobilization. He holds a CA and a CFA degree.
Bharat started his career with HDFC AMC wherein he had a long stint of over 12 years as a dealer and fund manager. Post which he worked with Reliance Industries Limited for 5 years as part of the treasury group managing an overall book of over 75,000 crores. Prior to joining HDFC Bank, he was Head of Product & Segment for Private Wealth Management at ICICI Securities Ltd. for the last 5 years.
