"Great vision
without great people
is irrelevant."
Jim Collins
Shajikumar Devakar
Co-Founder & Chief Executive Officer
Neo Wealth Management
A seasoned private banker with over 22 years of leadership in wealth management, Shajikumar Devakar has built a reputation for delivering strategic clarity, investment precision, and client-centric solutions across global markets. At Neo, he plays a pivotal role in shaping the firm’s vision to serve India’s ultra-high-net-worth individuals with next-generation portfolio architecture, backed by a robust institutional platform. His career has included transformative leadership roles with marquee wealth management firms, where he successfully expanded regional operations and pioneered business development across India and the Middle East . Shajikumar’s hallmark lies in his “Design IQ”- the ability to craft bespoke portfolio solutions that align with clients’ goals while navigating complex financial landscapes. His approach combines technical expertise, market foresight, and team building excellence. Recognised with the ET Best Leader Award (2018), he is known for attracting and nurturing high-performance teams that drive innovation and deliver outcomes at scale.
Achievements
Recipient of the ET Best Leader Award (2018) for outstanding leadership in the wealth management industry.
Transformed 360 ONE Wealth’s presence across South India and successfully launched Middle East operations, driving cross-border client acquisition and regional expansion.
Spearheaded strategic regional growth at Barclays Wealth across South and West India, significantly increasing AUM and footprint.
Consistently built and led high-performance teams, known for superior client outcomes and agile execution in a dynamic financial landscape.
Regarded as a visionary in portfolio design and client strategy, with a track record of helping UHNIs navigate market cycles and preserve legacy wealth.
Recognised as No 1 Angel Investor by Outlook Business


Neo combines leadership, ambition, and agility to transform the wealth management landscape. Founded by repeat entrepreneurs with a bold vision to scale from 0 to 100X, we offer a full-stack platform that gives clients unparalleled access to products, insights, and innovation. Our culture is rooted in investment excellence and purposeful collaboration, committed to creating value for all stakeholders. At Neo, we don’t just manage wealth - we unlock your full potential.