Mumbai: IndusInd Securities Limited, formerly Reliance Securities Limited, has appointed seasoned capital markets leader Rajeev Srivastava as its Managing Director & CEO, as the company begins a renewed growth agenda focused on building a modern, technology-first investment platform for India’s expanding investor base.
IndusInd Securities is a subsidiary of IndusInd Capital Limited and part of IndusInd International Holdings Limited (IIHL), a banking and financial services conglomerate.
With nearly 25 years of experience across banking, financial services and capital markets, Rajeev Srivastava has led broking businesses through multiple market cycles.
He brings experience in business transformation, digital innovation and building franchises for sustainable growth.
Prior to joining IndusInd Securities, Rajeev Srivastava served as Managing Director & CEO of Standard Chartered Securities. Earlier, he held senior leadership positions at HDFC Securities, Reliance Securities and ICICI Bank.
Rajeev Srivastava is a science graduate and holds an MBA in Marketing.
Rajeev Srivastava to Lead IndusInd Securities’ Next Growth Phase
At IndusInd Securities, Rajeev Srivastava will lead the company’s next phase of growth, with a mandate to re-energise the franchise and position it at the forefront of India’s evolving investment landscape.
A key priority under Rajeev Srivastava’s leadership will be the use of data and artificial intelligence to deliver personalised research and advice, while enhancing the client experience across platforms.
Rajeev Srivastava will also focus on expanding the company’s reach into new geographies. By leveraging the wider IndusInd ecosystem, the company aims to offer clients a seamless banking-to-investing experience.
The company said these efforts will help build a resilient broking franchise for the long term.
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.”
The appointment of Rajeev Srivastava comes as IndusInd Securities looks to strengthen its position as a digitally enabled capital markets franchise and respond to changing investor participation and adoption of digital investment platforms.
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.”
With Rajeev Srivastava taking charge as Managing Director & CEO, IndusInd Securities will focus on digital-led growth, personalised investment services, technology, research and expansion into new geographies as it seeks to build its next phase of growth.
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