Ahmedabad, Dec 02: Eton Solutions, a leading provider of technology solutions for the wealth management industry, proudly announces the appointment of Sandip Shah as Chief Business Officer. With more than 15 years of experience in financial services, regulation, and international market development, Mr. Shah joins the firm to scale its India and GIFT City strategy and expand adoption of EtonAxis™—its newly launched end-to-end platform for fund managers, family offices and private equity firms.
In his new role, Mr. Shah will lead business development, drive international market expansion, and build strategic partnerships that advance Eton Solutions’ mission of transforming global wealth and fund-management operations. As Chief Business Officer of AtlasFive IFSC Pte Ltd, Eton Solutions’ GIFT City entity, he will report to Bryan Henning, President, for sales & business development responsibilities, and to Nimish Soni, Chief Operating Officer & Managing Director – India, for operations responsibilities.
Mr. Shah’s immediate priority will be to accelerate the onboarding of all GIFT City fund managers including family offices, PE/VC funds, fund administrators, and global institutions onto EtonAxis™, which integrates AtlasFive®, EtonAITM, and specialized modules designed for private equity and fund management operations. Built to streamline deal lifecycles, investor onboarding, treasury management, reporting, reconciliations, and audit-ready workflows, EtonAxis™ delivers a unique integrated, AI-powered operating platform.
The company has been present in India for the past seven years, with over 400 employees working at the Global Technology Center in Bengaluru as well as Shimoga. The GIFT City office is Eton’s 3rd center that will serve as an expanded service center for international and U.S.-based clients, while tapping the region’s strong talent pool.
Mr. Shah previously served as Head of the IFSC Department at Gujarat International Finance Tec-City (GIFT City), where he played a central role in shaping India’s international financial services framework. His contributions span coordination with the IFSC Authority, the Ministry of Finance, RBI, SEBI, and IRDAI, and the introduction of new business verticals including aircraft leasing, the International Bullion Exchange, offshore fund management, and the International Fintech Institute (in partnership with the Asian Development Bank).
He was recognized as a “40 Under 40 Investment Professional” in 2022 and is the author of GIFT IFSC – A Comprehensive Guide. His earlier roles include HSBC Securities Market Division and National Securities Depository Ltd (NSDL), where he helped operationalize India’s first Insurance Repository.
Mr. Shah holds a Bachelor of Commerce, an MBA in International Finance, a Diploma in Foreign Exchange & Risk Management, and Company Secretary–Intermediate certification. He is also an alumnus of XLRI’s Executive Program in Strategy and Leadership.
Sandip Shah, CBO, Eton Solutions, said,” GIFT City is at a pivotal stage in its globalisation journey, and fund managers here are looking for scalable, institutional-grade platforms. EtonAxis™—brings together the full power of AtlasFive® and EtonAI™ to help them operate with speed, security, and precision. I am excited to work closely with the ecosystem and help every fund manager in GIFT City transition to a modern, unified operating platform that meets global standards.”
“As we expand our geographic footprint in GIFT City and across India we thought Sandip would be a natural fit to lead that role with his close relationships working with Family Offices, Fund Managers, and Financial Institutions. We serve a very marquee client list from around the world, we also believe it is the right time for us to take all our offerings to the fast-growing Ultra-High-Net-Worth market segment here in India” said Nimish Soni, Chief Operating Officer, Eton Solutions.
“Eton Solutions is delighted to welcome Sandip to our leadership team,” said Bryan Henning, President, Eton Solutions. “His experience and credibility in global financial markets will be invaluable as we accelerate our mission to deliver best-in-class solutions and expand our presence across India and other key markets.”
