The South Asian Diaspora is a broad term used to describe people and their descendants who migrated from the sub-continent to various parts of the globe in search of new prospects. Today this community has achieved international recognition for the spectacular success achieved by its members in their respective professions.

KBL European Private Bankers, announces its entry into this market by the appointment of Ravi Sidhoo as Head of Global South Asian Business. Mr Sidhoo will be responsible for developing a team of London based bankers providing wealth management and advisory solutions to the South Asian community in the UK. In addition, his responsibilities will include building KBL international business with members of this community in Asia, Middle East and Africa.

Mr Sidhoo joins KBL from HSBC and has a broad range of experience in corporate banking, group strategy and financial markets. He brings with him a valuable mix of knowledge of the Indian sub-continent as well as the western markets. In his last assignment, he was responsible for managing some of the largest South Asian relationships based out of UK.

On joining KBL, Mr Sidhoo said: "KBL European Private Bankers is a highly respected pure play private bank in Europe with tremendous history and reputation. The bank high level of private banking expertise, European presence and its entrepreneurial model positions it well to make an entry into the South Asian market. Our aim will be to leverage capabilities across the wider group, presenting fresh ideas and tailor made solutions to meet the changing needs of private banking clients in the South Asian community."

Mr Jacques Peters, Chief Executive of KBL European Private Bankers, said: "As we continue our emphasis to diversify into new markets, it is imperative we add high-calibre senior bankers to meet the complex needs of sophisticated private banking clients. This appointment provides clear evidence that KBL has the right client value proposition and brand profile in place to attract senior and established bankers who will lead our growth in these new markets."