News &
Announcements

Atom Group, a diversified financial services conglomerate spanning wealth management, insurance advisory and investment banking across India, the UAE and Singapore, today announced it has received formal approval from the Dubai Financial Services Authority (DFSA) for a change in control of Amaltas Partners Limited, a DIFC-regulated firm. The approval gives Atom Group a direct presence within the Dubai International Financial Centre (DIFC) and marks a landmark step in its international expansion.

Under the transaction, Atom Privé Global Holdings becomes the controlling entity of Amaltas Partners, bringing the firm under the Atom Group umbrella as a DIFC-based platform. The DFSA's clearance followed a rigorous review, underscoring the strength of Atom Group's governance, ownership and compliance framework.

A Strategic Gateway Through DIFC

DIFC remains the pre-eminent financial centre linking the Middle East, Africa and South Asia with global capital markets, offering a common-law legal framework and deep institutional infrastructure. For Atom Group, a foothold here is a natural extension of its multi-jurisdictional strategy across Dubai, India and Singapore.

DIFC represents the gold standard for financial services oversight and infrastructure in this part of the world. Establishing our presence here is not just a milestone for Atom Group; it's a statement of intent. This approval lets us serve clients with greater institutional credibility and reinforces Dubai's role as the bridge between Indian wealth, Gulf capital and global markets.

— Harsha Vardhana, Founder & Group CEO, Atom Financial Services Group

Leadership Transition at Amaltas Partners

Naveen Rastogi, current Global CIO, Multi-Family Office, Atom, has been appointed CEO and Group CIO of the newly acquired entity. He will lead Amaltas' integration into the Atom ecosystem while continuing to oversee investment strategy and advisory for global families.

Amaltas has built a high-quality, client-centric franchise within DIFC, with deep relationships across entrepreneurs, professionals, and family offices. Our focus now is on ensuring continuity and stability for existing clients, while progressively bringing the full breadth of Atom Group's capabilities to bear, from multi-family office and risk advisory to investment banking and cross-border solutions.

— Naveen Rastogi, CIO, Atom Global Multi Family Office

Pradeep Chandra, outgoing CEO and owner of Amaltas Partners, will step away from day-to-day leadership following completion of the transaction.

When we founded Amaltas, the vision was a focused, DIFC-based advisory platform built around client interests and governance. Joining Atom Group is a natural next chapter — one that brings scale and breadth while staying true to the values we built the firm on.

— Pradeep Chandra, CEO and Owner, Amaltas Partners

Strengthening the India–UAE Financial Corridor

The India–UAE relationship has accelerated in recent years, anchored by the Comprehensive Economic Partnership Agreement (CEPA), with bilateral trade now crossing USD 100 billion. A growing number of Indian entrepreneurs, family offices and high-net-worth individuals are choosing Dubai as a base for global wealth structuring and cross-border expansion.

With a base in DIFC alongside its established India operations and Singapore holding structure, Atom Group is positioned to offer seamless, compliant and well-governed advisory solutions to families and businesses moving capital, wealth and ambition between these markets.

India and the UAE are no longer just trade partners. They're becoming deeply intertwined financial ecosystems. Our DIFC presence lets us walk alongside Indian families as they globalise their wealth, while giving international clients a trusted gateway into India's growth story. This is about building the financial corridor of the future between two of the world's most dynamic economies.

— Harsha Vardhana, Founder & Group CEO, Atom Financial Services Group

About Atom Group

Atom Group is a multi-entity financial services conglomerate comprising Atom Privé, a multi-family office platform advising on over USD 1.4 billion in assets for 300+ families globally; Atom Risk Advisory, a global insurance intermediary with offices in Dubai, India and Singapore; and Atom Privé Global Holdings, the Group's Singapore-based holding company. With its newly established DIFC presence through Amaltas Partners and investment banking capabilities through Atom Investment Banking, Atom Group now operates across India, the UAE and Singapore, offering integrated wealth management, risk advisory and investment banking solutions to families, entrepreneurs and institutions worldwide.

This follows the Group's June 2026 acquisition of Sirius Capital, a Dubai-based investment banking and special situations advisory firm, which launched Atom Investment Banking and strengthened the Group's operating footprint in the UAE.

Mumbai / Dubai – Atom Financial Services Group, a diversified financial services group, today announced the completion of its acquisition of Sirius Capital, a UAE-based investment banking and strategic advisory firm with significant experience across debt restructuring, strategic advisory, M&A, and cross-border corporate finance.

The acquisition marks a defining milestone in Atom's evolution into a more integrated financial services platform. With the launch of Atom Investment Banking, the group now brings together wealth management, investment banking, insurance broking, legacy planning, and strategic advisory capabilities under a unified ecosystem designed to support promoter families, entrepreneurs, corporates, institutional investors, and private clients across multiple dimensions of wealth and capital.

Operating across India, the UAE, and Singapore, Atom combines strong promoter and institutional connectivity in India, strategic access to Middle Eastern capital corridors through the UAE, and investor and financial market access through Singapore. The addition of Sirius Capital significantly enhances the group's cross-border investment banking and advisory capabilities across these strategic financial corridors.

Following the completion of the acquisition and integration process, Bhanu Vittalam, founder of Sirius Capital, has been appointed Chief Executive Officer of Atom's Investment Banking arm effective 3 June 2026. In this role, he will lead the growth and development of the division across India, the UAE, Singapore, and other international markets.

"The acquisition of Sirius Capital marks an important step in Atom's expansion into global investment banking. Bhanu Vittalam and his team bring decades of leadership experience and execution credibility. Together, this combination positions Atom Group to build a differentiated cross-border investment banking platform serving businesses across India, the UAE, Singapore, and other international markets."

— Harsha Vardhana, Founder & Group CEO, Atom Financial Services Group

"Launching Atom Investment Banking under the theme 'Global Investment Banking for Promoters' represents a significant strategic milestone for both Sirius Capital and the Atom Group. The combination of Atom's strong promoter relationships, wealth management ecosystem, investor connectivity, and regional presence with Sirius Capital's institutional investment banking expertise and execution capabilities creates a differentiated platform focused on delivering high-quality strategic and financial solutions to promoter-led businesses globally.

Our vision is to build a modern cross-border investment banking franchise with deep execution capabilities across debt restructuring, M&A, special situations, and complex corporate finance transactions. We believe the growing economic and investment corridor between India, the Middle East, and global capital markets presents a significant opportunity for businesses seeking sophisticated advisory and institutional access.

With our combined leadership experience, regional reach, and global investor relationships, Atom Investment Banking is well positioned to advise clients across strategic growth initiatives, cross-border transactions, institutional capital solutions, and complex stakeholder situations with the execution standards expected from leading global investment banking platforms."

— Bhanu Vittalam, Chief Executive Officer, Atom Investment Banking

For Atom, the addition of investment banking represents a significant evolution in its broader wealth management ecosystem. Beyond managing financial wealth, the group can now support promoter and entrepreneurial families across one of the most important drivers of long-term wealth creation – their businesses and capital structures. The acquisition also brings to Atom the benefit of Sirius Capital's extensive experience across debt restructuring, stressed assets, strategic transactions, M&A, and complex cross-border advisory mandates, including engagements involving multi-billion-dollar exposures across the GCC and India.

Through Atom Investment Banking, the group aims to build a differentiated global investment banking platform for promoters, combining strategic advisory, institutional connectivity, and cross-border execution capabilities under one integrated ecosystem.

With effect from 3 June 2026, the existing Sirius Capital team has been integrated into the wider Atom Group. Financial terms of the transaction were not disclosed.

About Atom Financial Services Group

Atom Financial Services Group is a diversified financial services group, with capabilities spanning wealth management, investment banking, insurance broking, and strategic advisory. The group serves promoter families, entrepreneurs, corporates, institutional investors, and private clients through an integrated and cross-border advisory model. Through Atom Investment Banking, the group is building a global investment banking platform for promoters focused on strategic transactions, capital solutions, restructuring, and cross-border advisory across key international financial corridors. Atom currently operates across India, the UAE, and Singapore, while the group's investment banking division is actively pursuing expansion into Europe and North America as part of its broader international growth strategy.

About Sirius Capital

Sirius Capital is a UAE-based investment banking and strategic advisory firm focused on cross-border corporate finance, restructuring, special situations, capital raising, and strategic M&A transactions across the GCC and India. The firm combines deep institutional banking experience with execution-driven advisory capabilities and strong relationships across promoter groups, financial institutions, investors, and corporate stakeholders.

The leadership team comprises senior professionals with decades of experience across multinational banking institutions, treasury and risk management platforms, restructuring advisory, and complex financial situations. The team has advised on a broad range of strategic mandates involving stressed assets, lender-led resolutions, refinancing frameworks, institutional capital situations, mergers & acquisitions, and cross-border corporate transactions.

Sirius Capital's representative experience includes management and advisory of NPA and stressed asset portfolios exceeding US$7 billion, multiple large-scale lender coordination and refinancing transactions ranging from US$1 billion to over US$6 billion, and numerous mid-market restructuring and strategic transactions involving exposures between US$25 million and US$500 million.

The firm has advised clients across complex multi-stakeholder environments involving banks, financial institutions, private investors, promoters, and corporate groups across sectors including financial services, infrastructure, logistics, manufacturing, energy, technology, consumer businesses, and real estate.

Sirius Capital's capabilities span strategic corporate finance, mergers & acquisitions, restructuring and turnaround advisory, institutional capital raising, cross-border transactions, lender negotiations, and structured financing solutions. The firm's approach combines institutional-grade execution with a strong promoter-focused orientation, supporting businesses through growth, transformation, strategic expansion, and complex financial situations.

With a strong presence across the GCC and India, Sirius Capital is building a differentiated investment banking platform that combines global transaction expertise, regional market access, and high-quality execution capabilities to serve promoter-led businesses and emerging enterprises seeking strategic and institutional financial solutions.

Financial terms of the transaction were not disclosed. This announcement is for informational purposes only and does not constitute financial or investment advice.

Atom Financial Services Group has appointed Bhanu Vittalam as Chief Executive Officer of Atom Investment Banking, effective 3 June 2026. The appointment follows the completion of Atom's acquisition of Sirius Capital, the UAE-based investment banking firm Bhanu founded.

In this role, Bhanu leads the strategic growth and development of Atom's investment banking division across India, the UAE, Singapore, and other international markets – bringing to Atom a track record built across some of the most complex restructuring and capital advisory situations in the GCC and India.

About Bhanu Vittalam

Bhanu Vittalam is a senior investment banking professional with over three decades of experience across corporate banking, treasury, institutional risk management, and financial restructuring. Prior to founding Sirius Capital, he held senior leadership roles at Emirates NBD and Standard Chartered.

During his tenure at Emirates NBD, Bhanu managed a USD 7 billion NPA portfolio across the GCC and India, overseeing several complex and high-profile restructuring situations. Over the course of his career, he has played a key role in establishing and leading NPA management, institutional risk, and cross-border exposure functions across the UAE, Singapore, England, KSA, Qatar, and India.

Widely respected for his institutional leadership and solution-oriented approach, Bhanu has successfully driven business turnaround and remediation strategies in complex multi-bank stressed situations – known for aligning stakeholder interests, navigating challenging credit environments, and implementing restructuring frameworks with disciplined execution.

Bhanu holds a PGDM in Finance from the Indian Institute of Management, Ahmedabad, and a B.E. in Electronics & Communication from Sri Venkateswara University.

"Launching Atom Investment Banking under the theme 'Global Investment Banking for Promoters' represents a significant strategic milestone for both Sirius Capital and the Atom Group. The combination of Atom's strong promoter relationships, wealth management ecosystem, investor connectivity, and regional presence with Sirius Capital's institutional investment banking expertise and execution capabilities creates a differentiated platform focused on delivering high-quality strategic and financial solutions to promoter-led businesses globally.

Our vision is to build a modern cross-border investment banking franchise with deep execution capabilities across strategic M&A, capital raising, restructuring, special situations, and complex corporate finance transactions. We believe the growing economic and investment corridor between India, the Middle East, and global capital markets presents a significant opportunity for businesses seeking sophisticated advisory and institutional access.

With our combined leadership experience, regional reach, and global investor relationships, Atom Investment Banking is well positioned to advise clients across strategic growth initiatives, cross-border transactions, institutional capital solutions, and complex stakeholder situations with the execution standards expected from leading global investment banking platforms."

— Bhanu Vittalam, CEO, Atom Investment Banking

For more on Atom Investment Banking, visit atomfinserv.com/investment-banking

Atom Financial Services Group is pleased to announce the appointment of RS Prasad as Chief Executive Officer and Global Head of Atom Risk Advisory. In this role, RS Prasad leads the entity's global strategy, client relationships, institutional partnerships, and risk advisory and legacy planning initiatives across UAE, India, Singapore, and international markets.

About RS Prasad

RS Prasad brings over 30 years of experience across financial services, insurance, and risk advisory. He is an MDRT Court of the Table member – a distinction placing him among the top 11% of financial services professionals globally, reflecting a sustained record of excellence in client outcomes and advisory standards over many years.

His expertise spans global insurance broking, wealth protection, legacy planning, and risk advisory – with deep experience serving high-net-worth individuals, promoter families, and institutional clients across multiple jurisdictions. He brings to Atom a long-standing network of relationships across international insurance markets and a philosophy of advice that places the client's long-term interest at the centre of every engagement.

RS Prasad leads Atom Risk Advisory, bringing together personal and business insurance, trust structures, and legacy solutions for globally mobile clients and families.

"We are delighted to welcome RS Prasad to the Atom group. His depth of experience, his standing in the industry, and his commitment to independent, long-term advisory relationships is exactly what Atom Risk Advisory is built around."

— Harsha Vardhana, Founder & Group CEO, Atom Financial Services Group

For more on Atom Risk Advisory, visit atomriskadvisory.com

Atom Financial Services Group is pleased to announce the appointment of Naveen Rastogi as Chief Investment Officer of Atom Global Multi Family Office, effective 1 April 2026. In this role, Naveen leads investment strategy, asset allocation frameworks, and discretionary portfolio solutions for the group's multi-family office division – serving ultra-high-net-worth families, family offices, and institutional clients across India, UAE, Singapore, and global markets.

About Naveen Rastogi

Naveen Rastogi is a seasoned investment professional with over two decades of experience across private banking, multi-asset portfolio management, and wealth advisory. His career spans some of the world's most respected financial institutions, including Bank of Singapore, Bank J. Safra Sarasin, Standard Chartered, RBS, HSBC Asset Management, Deutsche Bank, and Citibank.

Prior to joining Atom, Naveen served as CIO and Co-Founder at Theia Investments, where he built the investment platform from the ground up. Over the course of his career, he has managed over USD 900 million in assets under advisory, delivering strategies across equities, fixed income, FX, alternatives, and structured products.

His strengths lie in tactical asset allocation, multi-asset portfolio construction, product innovation, and client-centric investment solutions. Known for his institutional discipline and research-driven approach, Naveen brings a rigorous investment philosophy focused on risk-managed outcomes and long-term capital preservation.

At Atom Global Multi Family Office, Naveen leads the firm's investment philosophy – developing asset allocation frameworks, overseeing discretionary portfolio solutions, and structuring bespoke investment strategies for ultra-high-net-worth clients and family offices across multiple jurisdictions.

Key Areas of Expertise

Multi-Asset Portfolio Management · Strategic Asset Allocation · Investment Advisory & Portfolio Strategy · Discretionary Portfolio Management · Risk-Managed Investment Frameworks · Cross-Border Wealth Structuring · Product Innovation & Structured Solutions · Client Engagement & Advisory Leadership

"We are delighted to welcome Naveen to the Atom Group. His depth of experience across global private banking and multi-asset portfolio management, combined with his track record at Theia Investments and leading global institutions, makes him the ideal leader for Atom Global Multi Family Office. Naveen's appointment marks a defining step in our commitment to delivering institutional-grade investment advisory to ultra-high-net-worth families and family offices across our markets."

— Harsha Vardhana, Founder & Group CEO, Atom Financial Services Group

Education

MBA, K.J. Somaiya Institute of Management Studies & Research · Bachelor's degree in Business Administration, Meerut University

For more on Atom Global Multi Family Office, visit atomfinserv.com/mfo

Atom Financial Services Group is pleased to announce the appointment of Suresh Prabhakaran as Chief Principal Officer, India & Global Business Development Head of Atom Risk Advisory, effective 1 April 2026. In this senior leadership role, Suresh oversees Atom Risk Advisory's India operations and drives global business development across the division's key markets – bringing deep expertise in insurance proposition deployment, wealth planning solutions, and strategic channel engagement.

About Suresh Prabhakaran

Suresh Prabhakaran brings over 30 years of experience spanning insurance, wealth management, and banking across India and the Middle East (including 11 years in the UAE). A competitive go-to-market specialist, he has built a distinguished career advising professional advisors, institutional partners, and high-net-worth clients on wealth planning and high-value insurance solutions.

Most recently, Suresh served as Director – Global Private Wealth & Insurance Specialist at InCred Global Wealth, DIFC, Dubai, where he led private wealth and insurance advisory across international markets. Prior to this, he spent eight years at Union Insurance UAE as Senior Manager – Investment & Protection Products, developing and deploying investment-linked and protection solutions across the UAE market.

Earlier in his career, Suresh held senior leadership roles at HSBC across India – including Vice President & Branch Head of Retail Banking and Wealth Management – as well as the role of Vice President at Canara HSBC Life. His career spans Metlife Insurance, ONIDA, and several other leading organisations across southern India, giving him a deep understanding of institutional sales, channel engagement, and cross-border financial services.

Suresh is known for his expertise in high-value life insurance, insurance proposition deployment, B2B channel engagement across brokers, banks, insurance companies, and wealth managers, as well as wealth management solutions across all asset classes.

"Suresh brings a rare combination of institutional depth, cross-border experience, and genuine market connectivity across India and the Gulf. His appointment strengthens Atom Risk Advisory's India operations and significantly accelerates our global business development agenda. We are delighted to welcome him to the team."

— RS Prasad, CEO & Global Head, Atom Risk Advisory

Education

Masters in Finance & Marketing, Shivaji University · Graduation in Economics, Calicut University

For more on Atom Risk Advisory, visit atomriskadvisory.com