LGT Wealth India, the private wealth management company and part of the LGT Group, has announced the appointment of Chakri Lokapriya as the Chief Investment Officer – Equities. Chakri will report to Rajesh Cheruvu, Managing Director and Chief Investment Officer at LGT Wealth India.
Chakri has 25 years of experience in investment management, having held significant positions at JP Morgan in New York, BNP Paribas in London as the Head of BRIC, and Franklin Templeton. Most recently, he served as Managing Director and Chief Investment Officer at TCG Asset Management. Chakri earned his MBA from the Stern School of Business at New York University in 1994.
Atul Singh, Managing Director and Chief Executive Officer of LGT Wealth India, said, “We are thrilled with this addition to our leadership team. It demonstrates our dedication to strengthening our investment capabilities, particularly in navigating the dynamic equity markets. With Chakri joining as CIO for Equities, we are significantly enhancing our equity research and portfolio management capabilities at a time when market volatility demands experienced leadership. We remain committed to providing a comprehensive suite of financial solutions and exceptional value to our clients, helping them capitalise on market opportunities while managing risks effectively. Our mission is to meet their diverse financial needs through sophisticated investment strategies backed by robust research.”
Rajesh Cheruvu, Managing Director and Chief Investment Officer at LGT Wealth India, said, “Chakri possesses extensive knowledge and expertise in equity markets, including investment strategy formulation, stock ideation, and active portfolio and asset management. His deep understanding and experience will significantly enhance our firm’s capabilities. We plan to expand our portfolio management and equity portfolio advisory services soon, and bringing in new hires will be essential to strengthen and improve our upcoming offerings.”