Hinduja Switzerland Bank and its New CEO
Hinduja Switzerland Bank, now officially known as S.P. Hinduja Banque Privée, is the private banking arm of the Hinduja Group. It traces its origins to a finance company founded in 1978, becoming a Hinduja Swiss regulated bank in 1994. The Board of the Bank appointed Karam Hinduja, grandson of S. P. Hinduja as Chief Executive Officer in June 2020. The bank's visions and beliefs under his leadership include modernising the bank business in terms of private banking, expanding its customer base, particularly the younger and entrepreneurial clientele and establishing greater connectivity between the West and the East, increasing its assets base. Shanu Hinduja, the elder daughter of late S.P Hinduja is the Chairwoman of the bank. In May 2025 Fabrice D of Erm was appointed as the new CEO of SP Hinduja Banque Privée (Switzerland). He has more than 20 years of experience in UBS with thorough experience in private banking and management of wealth. His leadership marks a new chapter for the Hinduja Swiss Bank's client-focused growth strategy.