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Duncan Lawrie opens Indian office

27 Jun 11

Private banking firm Duncan Lawrie has opened a representative office in Kolkata.

Private banking firm Duncan Lawrie has opened a representative office in Kolkata.

The firm, which is part of the Camellia group of companies, recently consolidated operations in the UK after a period of expansion and said going into the Indian market is the next logical step for the company. It will share the head office of Camellia’s tea plantation business in Kolkata.

Chairman Peter Field said: “Analysing the global financial industry, India is an obvious choice as regional centre for the distribution of our services; it has recorded continuous, impressive growth rates for the last 15 years, fosters a progressive, adaptable approach to maximising investment opportunity amongst its people and, given our connections in the area, offers the greatest appeal in terms of growth and ease of establishment.”

The services provided by the new office will be managed from London where the firm is headquartered.

Tags: India

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.