Chief Executive Officer — Wealth Franchise

The mandate

The board has concluded that incremental adjustment will not resolve portfolio reset after a board-led strategic review within a listed diversified financial-services platform. The immediate arena is the wealth franchise during margin compression. For mandate 001, the successful executive inherits decisions that have been deferred, competing stakeholder expectations and a need to establish facts before committing further capital.

The Chief Executive Officer operating perimeter covers approximately ₹3,000 crore in assets under oversight, with activity spanning several wealth franchise customer, product and delivery clusters rather than a single asset. The Chief Executive Officer Financial Services remit carries direct influence over roughly 450 colleagues and third-party capacity.

The board and its investment committee want a Chief Executive Officer who can convert ambiguity into a short list of explicit choices for the wealth franchise. The Chief Executive Officer Financial Services seat must resolve margin compression, while preserving the underlying strengths of the wealth franchise. For mandate 001, value will come through sharper allocation, stronger leaders and an operating cadence that exposes variance early.

The Chief Executive Officer’s first year on the wealth franchise is expected to end with enterprise value, cash conversion and leadership credibility. In mandate 001, authority covers resources and leadership appointments; material trade-offs go directly to the board sponsor.

Why this seat is open

This is a newly created Chief Executive Officer — Wealth Franchise seat, established because margin compression now requires one accountable executive rather than distributed ownership. The board has classified the appointment as urgent and intends to move from qualified shortlist to offer within 6–8 weeks. Interim governance protects the wealth franchise, but it is not a substitute for a permanent appointee. The external search remains confidential to avoid unnecessary disruption before the appointment is agreed.

What you will own

• Set the Chief Executive Officer value-creation thesis for the wealth franchise, translate it into no more than five enterprise priorities and stop work that does not support them.
• Carry stewardship of approximately ₹3,000 crore in assets under oversight, including allocation, risk acceptance and board forecasts.
• Lead the Chief Executive Officer Financial Services organisation of about 450 employees and partners, appointing a team with clear decision rights and credible succession for every critical seat.
• Resolve the wealth franchise economics and execution constraints created by margin compression, with Chief Executive Officer-approved owners, dated milestones and transparent escalation thresholds.
• Establish one Chief Executive Officer operating review across commercial, customer, financial, people, technology and risk outcomes for the wealth franchise; remove reconciliations that obscure accountability.
• Show personal ownership of a whole-enterprise choice involving capital, customers and leadership, not merely sponsorship of a functional programme in mandate 001.
• Build the Chief Executive Officer’s three-year succession and capability plan for the wealth franchise, reducing dependence on individual executives and improving mobility across the wider Financial Services organisation.

The first 12 months

• Days 1–90: Validate the wealth franchise baseline, meet the 30 stakeholders most consequential to portfolio reset after a board-led strategic review, assess the leadership team, stabilise immediate delivery risks and agree a board-owned scorecard with explicit decision gates.
• Months 4–9: Make the principal Chief Executive Officer portfolio and organisation choices for the wealth franchise, install the new operating cadence, fill critical leadership gaps and deliver the first measurable release of cash, capacity or customer value.
• Months 10–12: Demonstrate a repeatable wealth franchise trend against enterprise value, cash conversion and leadership credibility, lock the following year’s capital and talent plan, evidence control sustainability and present a credible three-year value case with downside actions.

What the board will measure

• Delivery of the Chief Executive Officer’s agreed first-year wealth franchise value case within a 10% tolerance, with variance explained before rather than after the relevant quarter closes.
• A Chief Executive Officer forecast that remains decision-useful across three consecutive quarters and reconciles the wealth franchise’s operating, cash, customer and people assumptions.
• Closure of the Chief Executive Officer mandate’s highest-priority wealth franchise risk and execution issues by their board-approved dates, with independent evidence that fixes are sustained.
• Retention of at least 90% of critical wealth franchise talent and ready-now successors for at least 70% of the Chief Executive Officer’s direct reports.
• A quantified Chief Executive Officer-owned improvement in the wealth franchise operating constraint behind margin compression, supported by a clean baseline and named data owner.
• Clear stakeholder confidence in mandate 001: no unresolved high-severity escalation older than 30 days and no material surprise withheld from its agreed governance forum.

The person

You are currently a Chief Executive Officer, Business CEO or Group President in a listed Financial Services or adjacent enterprise. In relation to the wealth franchise, your Chief Executive Officer track record includes a transition where the original plan was no longer sufficient; you can explain your choices, evidence and numerical impact. Candidates from banking, insurance, payments, wealth or regulated fintech will be considered where the operating model, customer stakes and governance intensity match this Chief Executive Officer brief.

As a Chief Executive Officer candidate, you bring 28+ years of progressive Financial Services or adjacent-sector experience, consistent with the 28-plus experience band. At minimum, you have carried a P&L, book, budget or accountable portfolio of ₹1,750 crore and led an organisation of at least 450 people.

For mandate 001, the board wants two transitions: a difficult wealth franchise portfolio choice and a leadership-system change during margin compression. As the prospective Chief Executive Officer for this wealth franchise, you must challenge optimistic cases and still create followership. References for mandate 001 must distinguish your contribution from the institution around you.

The Chief Executive Officer role in Financial Services is based in Mumbai; relocation is expected, although a structured weekly commute may be considered during the first quarter.

Non-negotiables

• Current or recent accountability at the level of Chief Executive Officer, Business CEO or Group President, with direct exposure to a board, investment committee or equivalent Financial Services governance forum.
• Proven Chief Executive Officer ownership of at least ₹1,750 crore and leadership of no fewer than 450 employees in a comparable wealth franchise context.
• One completed Financial Services or adjacent-sector example of portfolio reset after a board-led strategic review with outcomes sustained for at least two reporting periods after the initial intervention.
• Sector credibility from banking, insurance, payments, wealth or regulated fintech; experience that is purely functional and lacks Chief Executive Officer-level wealth franchise consequences will not meet the bar.
• Willingness to meet the Mumbai location expectation, complete conflicts and background diligence, and protect the confidentiality of mandate 001.

Compensation and terms

The anticipated Chief Executive Officer package is ₹5.0–7.5 crore fixed + performance variable and LTI, calibrated to the final wealth franchise scope and the candidate’s current mix. Any long-term participation for mandate 001 follows standard vesting and performance conditions. The Chief Executive Officer appointment in Mumbai, centred on the wealth franchise, offers regular exposure to the board and its investment committee. A notice period of up to 6 months can be accommodated for the selected executive in mandate 001.

Confidentiality

The organisation will be identified only after reciprocal interest and a confidentiality undertaking for mandate 001. The market, scale and situation in this brief are intentionally composite and are not a coded description of a named enterprise for mandate 001.