SP Hinduja Banque Privée has appointed Fabrice D’Erm as its new CEO, Citywire can reveal.
The bank was founded by Srichand Parmanand Hinduja, an Indian-British billionaire who died in 2023.
His grandson Karam Hinduja had been CEO since 2020, but has ‘chosen to transition out [of] the position of CEO of SP Hinduja Banque Privée to pursue new endeavors,’ he confirmed to Citywire.