Global, September 05, 2022 — Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces the appointment of Akshay Thakur Desai, as Country Head India.
Based in Pune and reporting to Jeff Pamplin, Global Head of Operations, Akshay will be responsible for leading the business and to continue the development and growth of Apex Group’s operations in India. In addition to his Apex Group role, he currently also serves as India custody board member at the Asia Securities Industry & Financial Markets Association.
Akshay joins Apex Group from BNP Paribas where he was most recently Head of Securities Services India. He spent more than eighteen years at BNP Paribas, holding various senior roles, including head of client delivery and chief operating officer for securities services from 2014 to 2018, and as director and chief operating officer, equities global markets from 2018 to 2020.
Founded in 2008, Apex Group in India offers an efficient and flexible approach to financial services underpinned by best-in-class technology platforms, adapted to meet the specific requirements of each individual client. Apex Group’s India operation has evolved and expanded in line with the Group’s global growth trajectory, and now services clients from local offices in Pune, Bangalore and Mumbai.
This strategic appointment follows a period of strong organic and acquisitive growth for in Apex Group in India, including the addition of BEST Alternative Advisory Services and becoming one of the first global fund administrators to receive regulatory approval to operate in India’s Gujarat International Finance Tec-City (“GIFT City”) International Financial Centre.
Jeff Pamplin, Global Head of Operations at Apex Group comments: “Over the last two years, India has shown itself to be a resilient and adaptable market, and we see huge opportunity for growth both domestically in India created by a thriving and expanding private equity and venture capital sector, and in connecting Indian capital to other international financial centers. We are excited for the continued growth of our Indian operations, under Akshay’s leadership.”
Akshay Thakurdesai, Country Head India at Apex Group adds: “I have watched Apex Group’s accelerated growth with great interest and have been especially impressed the quality of client service. Following recent growth and strategic acquisitions, Apex Group has grown to become the largest independent service provider globally, offering a unique and compelling single-source solution to its clients. I am excited by the opportunity to lead Apex Group’s Indian business as we continue to grow further, welcome new colleagues and efficiently deliver exceptional solutions for our clients.”