Sionic Expands India Base

We’re delighted to announce the expansion of our Mumbai base in response to rapidly growing client demand for our services

Sionic has today [24 February 2020] announced the expansion of our main India base in Mumbai.  Six months after the formal establishment of Sionic-India in August 2019, the Sionic Mumbai team has already grown to 29 staff and is continuing to recruit at pace, doubling the size of our office premises in Mumbai’s fast-growing Bandra-Kurla business district. This latest move comes in response to rapidly increasing client demand for Sionic’s services across India and forms part of Sionic’s wider global expansion across Asia, Europe and the Americas.


Peter Stone, Sionic Chief Strategy Officer and Learning & Development lead adds:

“Sionic is unique among financial services consultancies in combining deep domain expertise and concentrated senior experience with an outstanding specialism in talent development programmes for high performing individuals working in banking, particularly those working in technology and operations functions.  India is an educational powerhouse with an incredible appetite for learning and development, and we are delighted to be part of the professional development of banking skill in the region.  Strategically, this blend of dynamic market conditions, growing client demand and outstanding expertise is the ideal platform from which we can continue to grow Sionic into the leading global provider of financial services expertise.”

Manoj Rane, Sionic Partner and Sionic-India lead says

“We have an established client base in India, a vibrant talent pool from which to recruit and extensive international links: that means we can provide Indian expertise to the world and bring Sionic’s world-leading expertise to India.  It is an extremely exciting time for Sionic-India and I am delighted to be leading a team that is part of a firm which so clearly understands the power and potential of India.”

Notes to Editors

  1. Sionic-India directly services a range of investment banking clients within India, as well as supporting the firm’s client teams worldwide.  The firm’s Learning & Development team have trained several thousand banking technology and operations staff in India over the last 16 years, principally in New Delhi and Pune as well as in Hyderabad and Chennai.
  2. Sionic is growing globally at pace. Before Mumbai, its most recent office opening was in Geneva, Switzerland in November 2019. The firm now has main bases in North America, Europe and Asia: Bogota, Jersey (Channel Islands), Geneva, London, Madrid, Mumbai, New Jersey, Singapore, Toronto and Zurich. The firm also has a longstanding presence in Tokyo and is currently planning additional new bases in the US, Europe and Asia.


Meet Sionic's India lead

Manoj Rane

Managing partner

I have  more than 30 years’ experience in the markets business in India covering foreign exchange, rates, bonds and derivatives.