Satheesh Krishnamurthy

EVP & Head - Private, Premium Banking & Third Party Products

Axis Bank

Profile:

Satheesh Krishnamurthy heads the Affluent & NRI Business for Axis Bank. He joined Axis Bank in March 2014. Under his leadership, the Bank launched their most premium brand, ‘Burgundy’, a bespoke wealth management offering for Affluent clients. Over the last couple of years, the assets under management of this business has crossed USD 18 billion, making it one of the fastest growing business units within the Bank and in the industry. Prior to joining Axis Bank, Satheesh worked with Citibank across multiple geographies for over 13 years. In his most recent role with Citibank, he headed Citigold - Citibank's flagship brand in the affluent space. He was instrumental in launching Citigold Private Client (CPC), an exclusive offering for high net worth clients with over USD 1 million relationship size with the bank. Satheesh has worked across various business functions starting with the Corporate Salary accounts Business, Business banking, Cards, Sales & Distribution, and the Affluent Business across geographies. He also did a stint in New York as part of Citibank's prestigious ‘Global High Potential Talent Development Program’. He returned to India as the Sales Director for the Cards business, and was part of the team which developed a new Universal Banker distribution architecture which was responsible for all retail product sales. Satheesh was featured in Fortune India as India’s ‘40 Under 40’ in 2016 & in Business Today as ‘India's Hottest Executives in the Corporate Sector’ in 2015. He is a Director on the board of FIAI, India’s financial distributor’s body working towards strengthening the cause, development, education and progress of the wealth management industry. Satheesh graduated from IIT Kharagpur and holds an MBA degree from FMS, Delhi.

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Publications & Thought Leadership

Wealth Management in India – How Digitisation Helps Deliver the Proposition Amidst Robust Demand The trajectory of the Indian wealth management market remains the same, but the speed of travel in certain directions has accelerated due to the global pandemic. Hubbis assembled a panel of wealth management leaders for our Digital Dialogue of February 23 at which the experts cast their expert eye o....

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India

Setting the Scene: India’s Wealth Management Market in a Time of Rapid Evolution A panel of five eminent market practitioners from leading Indian wealth management firms offered their overview of the evolution of the Indian wealth management market, ranging over topics such as the current and future generations of clients, the value proposition, developing a larger portion of re....