In this Q&A, we sit down with Amit to learn more about his career and discuss his vision for India's emerging financial hub.
Q: Tell us about your career leading up to GIFT City.
Amit Jain: With 20 years of experience in the financial industry, I have worked in Singapore and Mumbai with international banks, gaining insights into global institutional practices. I came across a role at Apex Group and joined as a client relationship manager in Singapore in 2022. Being part of the Apex Group family has provided invaluable exposure to client interactions, business insights, and market outreach. Now, with this exciting opportunity in GIFT City, I can leverage my entrepreneurial skills to contribute to our growth while fostering strong client relationships.
Q: Where will you be based?
I’ve relocated from Singapore to GIFT City, Gandhinagar, an International Financial Services Centre in India. This move marks an exciting new chapter as we position Apex Group at the heart of India’s growing financial ecosystem. Although I’ve moved to India, I will leverage our global presence and work closely with our country teams, particularly our Singapore team, as I believe the India-Singapore corridor will play a significant role in GIFT City’s development.
Q: GIFT City has been described as India’s gateway to the world. Can you explain why?
GIFT City serves as a financial hub for India and international markets, facilitating seamless financial transactions and fostering economic growth. This progress is supported by strong government commitment, a robust regulatory framework, institutional support, and access for service providers. What's needed now is investor confidence in GIFT City as a growing jurisdiction. We’ve seen significant improvements and substantial work in this area, which will help establish GIFT City as a major financial hub that attracts global businesses. Apex is proud to be among the first to expand its operations here, and to be part of India’s first International Financial Services Centre.
Q: What are your plans for your new role?
My new role will require me to work closely with regulators, drive market and product development, and create market-fit solutions to grow the business in the region. More importantly, I will be building the Apex Group brand. This will help us attract global clients, position us as their preferred service provider, and establish a strong foundation as an employer of choice. This role is crucial, as it involves expanding product outreach and providing integrated solutions to clients.
Q: How do Apex Group’s operations in GIFT City impact the Indian economy?
We manage USD 3 trillion in assets under administration globally. We are seeing increasing interest from our clients in GIFT City, which represents a significant business opportunity that we want to seize as India grows. We are currently servicing over 15 clients in GIFT City, and we have a strong pipeline of commitments. Our ambitious targets include increasing our headcount to over 300 within a year and reaching 1,000 in the near future, which will help create job opportunities in the region. By working hand-in-hand with regulators to develop new products, we aim to foster innovation and economic development
Q: What are your ambitions for the team?
In GIFT City, I aim to actively contribute to the growth of the Indian economy, with GIFT serving as a financial hub and Apex Group navigating its trajectory. I will build a highly skilled and motivated workforce to drive our strategic goals. Moreover, I plan to foster a culture of innovation, collaboration, and excellence, ensuring we remain at the forefront of the industry. By investing in our team’s growth and development, we can achieve remarkable success together. Ultimately, my goal is for Apex Group to become the preferred choice for fund administration in GIFT City.
Amit Jain’s leadership at GIFT City reflects Apex Group’s dedication to fostering a world-class financial ecosystem in India. With his experience and strategic vision, Amit aims to bring Apex Group’s capabilities to new heights, reinforcing GIFT City’s position as a premier destination for international financial services. As he builds a strong, collaborative team, Amit is laying the groundwork for Apex to become the go-to provider in GIFT City—driving innovation, creating job opportunities, and contributing meaningfully to India's economic growth. With Amit at the helm, the future for Apex Group in GIFT City looks promising and impactful.
