Systematix Appoints New Joint Managing Directors for Wealth Unit
Filing Summary
Systematix Corporate Services Ltd has announced the appointment of Mr. Bhaskar Hazra and Mr. Partha Sengupta as Joint Managing Director & CEO of the Private Wealth Business at Systematix Wealth & Asset Services Private Limited, a wholly-owned subsidiary. This appointment is part of the company’s strategic focus on enhancing its wealth management platform. Mr. Hazra and Mr. Sengupta bring over five decades of combined experience in global leadership roles. The announcement was made on November 4, 2025, and reflects Systematix’s commitment to expanding its financial services portfolio.
Systematix Corporate Services Ltd has appointed Mr. Bhaskar Hazra and Mr. Partha Sengupta as Joint Managing Director & CEO of the Private Wealth Business at Systematix Wealth & Asset Services Private Limited. This entity is a wholly-owned subsidiary of Systematix Corporate Services Ltd. The announcement was made on November 4, 2025, and is part of the company’s strategic focus on enhancing its wealth management platform. Mr. Hazra and Mr. Sengupta will not be part of the board of directors of Systematix Wealth & Asset Services Private Limited or Systematix Corporate Services Ltd.
The filing does not disclose specific financial terms related to the appointments. The focus remains on the strategic enhancement of the company’s wealth management capabilities. Systematix Corporate Services Ltd is a publicly listed entity with a diversified portfolio that includes brokerage, investment banking, wealth and asset management, and NBFC services. The company oversees assets worth over INR 10,000 crore and serves approximately 13,000 wealth and asset management clients.
The scope of the appointments involves leading the Private Wealth Business at Systematix Wealth & Asset Services Private Limited. Mr. Bhaskar Hazra will focus on steering the strategic direction and market expansion across India and the Middle East. He will also champion digital transformation efforts within the Private Wealth Business. Mr. Partha Sengupta will concentrate on building a technology-centric and client-focused wealth management platform. Both executives bring extensive experience from previous roles in major financial institutions.
Systematix Corporate Services Ltd operates in a competitive financial services market. The company has recently reinforced its alternatives platform with a new suite of AIF Funds. These funds invest across SME, Pre-IPO & Secondaries, and Real Estate Credit strategies. The appointments of Mr. Hazra and Mr. Sengupta are aligned with the company’s broader strategy to enhance its service offerings and market presence.
The announcement was made on November 4, 2025. Systematix Corporate Services Ltd has a strong presence across India, with key hubs in cities such as Mumbai, Delhi, Lucknow, Jaipur, Indore, Ahmedabad, and Ujjain. The company serves a diversified client base, including FIIs, domestic institutions, insurers, banks, corporates, promoters, HNIs, and retail investors.
Systematix Corporate Services Ltd is a leading financial services institution founded in 1985. The company offers a comprehensive suite of financial products and advisory services. Its business operations span brokerage, investment banking, ECM, wealth, and asset management. Systematix is committed to delivering research-driven and digitally enabled wealth solutions tailored to the evolving needs of affluent and high-net-worth clients.