Systematix Group Bolsters Private Wealth Business with Strategic Leadership Appointments
Systematix Corporate Services has appointed Bhaskar Hazra and Partha Sengupta as Joint Managing Director & CEOs of its Private Wealth Business at Systematix Wealth Asset Services Private Limited. Hazra, with 26 years of experience, will focus on strategic direction and market expansion, while Sengupta, with 27 years in the industry, will concentrate on building a technology-centric wealth management platform. The company, with over INR 10,000 crores in assets under management and approximately 13,000 clients, aims to strengthen its position in India's growing wealth management sector.

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Systematix Corporate Services , a diversified financial services powerhouse with a 40-year legacy, has announced a significant move to strengthen its private wealth business. The group has appointed two industry veterans, Bhaskar Hazra and Partha Sengupta, as Joint Managing Director & CEOs of its Private Wealth Business at Systematix Wealth Asset Services Private Limited, a wholly-owned subsidiary.
Strategic Appointments
The appointments of Hazra and Sengupta underscore Systematix Group's commitment to building a premier and differentiated wealth management platform. Here's a closer look at the new leaders:
| Executive | Experience | Previous Roles | Focus Areas |
|---|---|---|---|
| Bhaskar Hazra | 26 years | Senior roles at Barclays Private Bank, Standard Chartered Bank, and GE Countrywide | Strategic direction, market expansion (India and Middle East), digital transformation |
| Partha Sengupta | 27 years | Leadership positions at Axis Bank, Trust Plutus Wealth Managers, and Standard Chartered Bank | Building a future-ready, technology-centric, and client-focused wealth management platform |
Company Overview
Systematix Group has established a strong presence in the financial services sector:
- Services: Brokerage, investment banking, wealth and asset management, and NBFC businesses
- Client Base: Approximately 13,000 wealth and asset management clients
- Assets Under Management: Over INR 10,000 crores
- Team: More than 300 professionals
Strategic Vision
Nikhil Khandelwal, Managing Director of Systematix Group, expressed enthusiasm about the new appointments, stating that they mark a defining milestone in the company's journey to broaden and strengthen its financial services portfolio.
Both Hazra and Sengupta have shared their visions for the private wealth business:
- Bhaskar Hazra aims to shape Systematix Private Wealth into a trusted, forward-thinking institution rooted in integrity, innovation, and enduring client partnerships.
- Partha Sengupta highlighted the significant opportunity presented by India's rapidly expanding affluent and HNI segment, emphasizing Systematix's strong foundation and market insights as key advantages in creating a scalable, customer-centric wealth ecosystem.
Market Opportunity
The appointments come at a time when India's wealth management sector is experiencing significant growth. With a rising number of high-net-worth individuals and an increasingly sophisticated investor base, the demand for comprehensive wealth management services is on the rise.
Looking Ahead
These strategic leadership enhancements underscore Systematix Group's commitment to delivering holistic, research-driven, and digitally enabled wealth solutions. As the company moves forward, it aims to tailor its offerings to the evolving needs of affluent and high-net-worth clients, potentially reshaping the landscape of private wealth management in India.
The move signals Systematix Group's ambition to capitalize on the growing wealth management market in India and positions the company to compete more effectively in this dynamic sector.
Historical Stock Returns for Systematix Corporate Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.25% | -0.89% | +16.49% | +16.49% | +16.49% | +16.49% |

































