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India’s next private-banking battle will be for newly created wealth; AI will free bankers from admin, not replace them: Barclays’ Annabelle Bryde

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India’s next private-banking battle will be for newly created wealth; AI will free bankers from admin, not replace them: Barclays’ Annabelle Bryde

India’s next private-banking battle will be for newly created wealth; AI will free bankers from admin, not replace them: Barclays’ Annabelle Bryde

In an interview with ETBFSI, Annabelle Bryde, Head of Barclays Private Bank International, and Adrish Ghosh, Head of Barclays Private Bank India, spoke about India’s wealth opportunity, the rise of alternatives, family offices, succession planning and how AI could reshape private banking.

India’s wealth landscape is entering a generational shift, with Barclays’ latest Ownership Shift report estimating that around ₹73 trillion could be transferred to women leaders over the next decade. The report also highlights a gap between growing investment intent and preparedness, with women increasingly looking to build wealth, diversify into alternatives and shape their own legacies. Against this backdrop, ETBFSI spoke to Annabelle Bryde , Head of Barclays Private Bank International, and Adrish Ghosh, Head of Barclays Private Bank India, on how this ownership shift could reshape wealth management, succession planning , global diversification and private banking. Advt

Bryde said India’s entrepreneurialism, the number of companies being created and their growth rates stand out globally. However, she said entrepreneurs also face concentration risks when most of their wealth and cash flow remain tied to the businesses they own. The next opportunity, therefore, is to help families build more diversified portfolios while balancing liquidity needs with longer-term investments such as private equity and other alternatives. AI, meanwhile, is expected to change the economics of private banking primarily by improving the productivity of bankers rather than replacing the human relationship.


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