As the firm continues to build an international footprint, it has appointed one of its senior figures – with a background at lenders including Standard Chartered – to be regional CEO for some of the fastest-growing wealth hotspots in the world.

Investor services group IQ-EQ has appointed Sridhar Nagarajan as managing director, Singapore and regional CEO for Asia, Middle East and Africa. He is also joining the firm’s group management team. He replaces Miichael Marquardt who was IQ-EQ’s previous Asia regional CEO, a spokesperson told this news service.

Nagarajan, who brings more than three decades of industry experience to the job, has been part of IQ-EQ’s senior leadership team since 2019. He led its Africa, India and Middle-East business, serving as regional managing director. 

Prior to IQ-EQ, Nagarajan worked at firms including Standard Chartered, in Mauritius, and at MauBank, also in Mauritius.

This news service has spoken to IQ-EQ in a variety of jurisdictions as it develops its business. For example, we interviewed Chip Martin, president, private wealth, US, in February; in April 2023, it appointed Matt Okolita as regional chief executive for the Americas. Internationally, IQ-EQ has been ramping up operations in regions such as the Gulf – another place where family offices are growing rapidly and where intergenerational wealth transfer is a big topic. IQ-EQ set up in the Dubai International Financial Centre (DIFC) in 2023 and, in November 2023, it said it was establishing operations in Abu Dhabi. The move included acquiring a licence to offer fund administration services. (See an interview here.)