Maitri asset management expands client relationship and investment advisory capabilities with senior Singapore appointments

Singapore, 16 November 2021 – Maitri Asset Management, (“Maitri”) a Singapore-based, active responsible investment manager and multi-family office, today announced the addition of two seasoned executives to its client relationship and investment advisory teams. Varun Gulati, a private banking industry veteran, joins as a Relationship Management Director to help drive Maitri’s client relationship strategy and partnerships. Edwin Aw joins as an Investment Counsellor to focus on formulating and managing bespoke investment solutions for clients. Both will be based in Singapore; Mr. Gulati reports to Manish Tibrewal, Chief Executive Officer at Maitri, while Mr. Aw reports to Ankit Khandelwal, Chief Investment Officer at Maitri.

Manish Tibrewal, Chief Executive Officer at Maitri, commented: “We are delighted to be welcoming Varun and Edwin to the Maitri family fold. These appointments not only reflect our commitment to significantly grow the team, but also strengthen our client servicing capabilities and offerings, to better meet the strong demand we are seeing for increased, highly bespoke wealth preservation and wealth growth solutions and expertise in Asia - a trend that shows no signs of abating.”

Mr. Gulati, who has a master’s in Finance from FORE School (India), brings with him more than 17 years of industry experience and an esteemed career in the wealth management industry across multiple markets in Asia and the Middle East. He joins Maitri from the private banking division of Deutsche Bank, and has previously held roles in wealth management across leading international banks and financial institutions including ABN Amro, HSBC and Standard Chartered.

Varun Gulati, Director at Maitri, said: “Maitri’s deep-rooted responsible investing principles, strong family office heritage and market-leading ESG offerings make it a unique platform for high-net-worth clients seeking to grow and preserve wealth in a sustainable manner for generations to come. The emergence of Asia’s nascent family office space coincides with the phenomenal economic rise of the region, where family wealth has seen faster growth than in any other parts of the world. I, like Maitri, firmly believe that families are best served by bespoke solutions tailored to their unique needs and interests. I am extremely excited to join a team that shares this conviction, and look forward to further enhancing Maitri’s network and cultivating deeper relationships with clients, partners and stakeholders.”

Mr. Aw joins Maitri from HSBC, where he has established an distinguished career as a private banking investment specialist. His career to date spans stints at numerous leading financial institutions including Schroders, ING and Bank of America Merrill Lynch. Mr. Aw brings with him a wealth of industry expertise and will be responsible for further strengthening Maitri’s investment advisory expertise in multi-asset investments for ultra-high net worth families and individuals.

Edwin Aw, Investment Counsellor at Maitri, added: “I look forward to providing specialist support to Maitri’s clients in meeting their investment objectives and wealth goals, leveraging the firm’s access to premier investment opportunities. Maitri’s strong focus on sustainability, ESG and responsible investing is a clear differentiator for investors seeking to future-proof their investments, develop portfolios that stand the tests of time, and contribute to a sustainable future for generations to come.”