IndusInd Securities Limited, formerly Reliance Securities Limited, has appointed Rajeev R. Srivastava as its Managing Director and CEO, as the broking firm looks to accelerate its digital-led growth and strengthen its position in India's expanding investment market.
IndusInd Securities is a subsidiary of IndusInd Capital Limited and part of IndusInd International Holdings Limited (IIHL), a banking and financial services conglomerate. The appointment marks the start of a renewed growth agenda for the company, with plans to develop a technology-first investment platform for India's growing investor base.
Srivastava brings nearly 25 years of experience across banking, financial services and capital markets. He has led broking businesses through multiple market cycles, with experience in business transformation, digital innovation and building franchises for sustainable growth.
Before joining IndusInd Securities, he served as Managing Director and CEO of Standard Chartered Securities. He has also held senior leadership positions at HDFC Securities, Reliance Securities and ICICI Bank. Srivastava is a science graduate and holds an MBA in Marketing.
In his new role, Srivastava will lead the company's next phase of growth, with a mandate to re-energise the franchise and strengthen its position in India's evolving investment landscape. Key priorities include using data and artificial intelligence to deliver personalised research and advice, improving the client experience across platforms and expanding the company's presence in new geographies.
The company also plans to leverage the wider IndusInd ecosystem to offer clients a seamless banking-to-investing experience, with the aim of building a resilient broking franchise for the long term.
Welcoming the appointment, Roopam Asthana, Executive Director and CEO, IndusInd Capital Ltd., said, “Rajeev joins IndusInd Securities at a pivotal moment, as we reimagine the business as a robust, digitally enabled capital markets franchise built for the next generation of Indian investors. His deep industry experience, strategic perspective and proven ability to transform and scale businesses make him the right leader for this journey. I am confident that under his leadership, IndusInd Securities will accelerate its growth, gain meaningful market share and set new benchmarks for client experience, while upholding the highest standards of trust and governance.”
Speaking on his appointment, Rajeev R. Srivastava, Managing Director and CEO, IndusInd Securities Ltd., said, “I am delighted to lead IndusInd Securities at a time when India's capital markets are undergoing a structural shift, with record participation from first-time investors, rapid digital adoption and growing interest in a wider range of asset classes. IndusInd Securities has a rich legacy, and the strength of the IndusInd brand and the backing of IIHL gives us a strong foundation to build on. Our focus will be to build a modern, client-first investment platform that combines intuitive technology, insightful research and personalised service. We will pursue this with disciplined execution and robust governance, to create a business built for the long term.”
