360 ONE has appointed Aashish Agarwal as Chief Executive Officer of the 360 ONE WAM Group. He will work with the firm’s founders as the group looks to further build its Wealth Management, Asset Management and Capital Markets businesses.
Karan Bhagat, currently Managing Director & CEO, will take on the role of Vice Chairman and continue as Managing Director of the Group. In his new role, he will drive group strategy, capital allocation and key client and institutional relationships. Yatin Shah, Co-Founder, 360 ONE, will continue to lead the firm’s wealth management business.
The leadership structure is intended to bring the three verticals closer together, allowing the Group to offer its combined Wealth Management, Asset Management and Capital Markets capabilities to families and institutions through a single platform.
360 ONE said the structure is also aimed at building the scale required to serve India’s evolving financial ecosystem as the economy grows. The Group intends to strengthen its position as an Indian financial institution serving domestic capital allocators.
Commenting on the announcement, Karan Bhagat said, “I am extremely excited to continue to build and accelerate the 360 ONE platform, especially at this stage of our country’s journey. Over the last 18 years, we have built 360 ONE into a trusted partner for India’s wealth creators. This structure lets each of our three businesses be led with sharper focus while we operate as one Group. Aashish brings exceptional financial services depth and an owner’s mindset to building businesses, and along with the founders, will drive the Group’s next phase of growth.”
Aashish Agarwal said, “I am delighted to be joining 360 ONE. Karan and Yatin have built an exceptional franchise over 18 years, and I look forward to working closely with them to build an Indian financial institution of enduring scale and global standing. India's wealth creation story is still early, and as clients and family offices grow more sophisticated, their needs increasingly span investing, capital raising and strategic advice. Bringing Wealth Management, Asset Management and Capital Markets together allows us to serve those needs end to end, as one Group.”
Agarwal joins 360 ONE from Jefferies, where he has served as Managing Director and Country Head since April 2020. During his six years at the firm, he has grown its India franchise.
Prior to Jefferies, Agarwal spent 13 years at CLSA, where he was most recently Executive Director and Head of Research. He began his career at Merrill Lynch, where he worked from 2004 to 2007. He is a Chartered Accountant and a post-graduate of SPJIMR, Mumbai.
360 ONE currently manages assets of more than ₹7.8 lakh crore ($82 billion) and serves more than 8,900 families, corporates and institutions.
