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Equity broking and wealth management company Fullerton Securities & Wealth Advisors has elevated its executive vice-president Rajnish Kumar as chief executive officer.

In his new role, Kumar will be responsible for strengthening the wealth management business and defining its strategy in the Indian market. 

Previously, he was responsible for equity research, centralised dealing desk, call centre, customer service and product management. He got associated with Fullerton Securities in 2008 as a founder member.

Kumar has around 10 years of experience in wealth management and corporate banking, and had worked in companies like HSBC and Standard Chartered Bank.

He has obtained PGDM in Finance & Marketing from IIM-Lucknow and BE degree from National Institute of Technology, Jamshedpur.

Launched in April 2009 in India, Fullerton Securities & Wealth Advisors is a subsidiary of Fullerton Financial Holdings, which is a bank holding arm of Temasek Holdings, Singapore. The company focuses on financial and banking services and its total assets are approximately S$46.8 billion. Fullerton Securities offers a secure and convenient platform to all its clients. Last September, Fullerton had the entire wealth management and broking business team of Mumbai-based financial services firm Pioneer Investcorp.

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