Oct 23: IndusInd Securities Limited, a subsidiary of IndusInd Capital Limited and part of IndusInd International Holdings Limited, a banking and financial services conglomerate, today announced the appointment of seasoned capital markets leader Rajeev R. Srivastava as its Managing Director & CEO. The appointment marks the start of a renewed growth agenda for one of India’s established broking houses, as it sets out to become a modern, technology-first investment platform for the country’s fast-expanding investor base.
Rajeev brings nearly 25 years of experience across banking, financial services and capital markets, and has led broking businesses through multiple market cycles. He has a strong track record in business transformation, digital innovation and building franchises for sustainable growth.
Prior to joining IndusInd Securities, he served as Managing Director & CEO of Standard Chartered Securities. Earlier, he held senior leadership positions at HDFC Securities, Reliance Securities and ICICI Bank. Rajeev is a science graduate and holds an MBA in Marketing.
At IndusInd Securities, Rajeev will lead the company’s next phase of growth. His mandate is to re-energise the franchise and position it at the forefront of India’s evolving investment landscape. A key priority will be using data and AI to deliver personalised research and advice, and enhancing the client experience across platforms. He will also focus on expanding the company’s reach into new geographies. By leveraging the wider IndusInd ecosystem, he aims to offer clients a seamless banking-to-investing experience. Together, these efforts will build a resilient broking franchise for the long term.
Welcoming the appointment, Roopam Asthana, Executive Director & 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 & 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.”
