The Japanese bank’s newly launched International Wealth Management (IWM) division has hired 25 private bankers and investment advisors during the past half year, as it plans to increase current assets under management threefold in the medium term.

The appointments in Singapore and Hong Kong SAR follows IWM's recruitment of over 20 bankers in January. The private banking business, which develops products together with global markets (GM) and investment banking (IB) under the wholesale division, is headed by Ravi Raju (below right) , who was named head of IWM in September 2020. We are now in a strong position to offer them structured products, financing and derivatives solutions -  Rig Karkhanis “Aligning with global markets