National, October 23, 2026: IndusInd Securities Limited, a subsidiary of IndusInd Capital Limited and part of IndusInd International Holdings Limited (IIHL), has named Rajeev R. Srivastava as its new Managing Director and Chief Executive Officer. The appointment signals the company’s intent to drive its next phase of digital-led growth in India’s capital markets.
Srivastava, who brings nearly 25 years of experience in banking, financial services, and capital markets, will focus on transforming IndusInd Securities into a technology-first investment platform. The company aims to leverage data and artificial intelligence to deliver personalised research and advice, enhance client experience, and expand its reach into new geographies.
Srivastava’s industry background
Before joining IndusInd Securities, Srivastava served as Managing Director and CEO of Standard Chartered Securities. His previous roles include senior leadership positions at HDFC Securities, Reliance Securities, and ICICI Bank. He holds a science degree and an MBA in Marketing.
Mandate to drive digital transformation
At IndusInd Securities, Srivastava’s mandate includes re-energising the franchise, positioning it at the forefront of India’s evolving investment landscape, and building a resilient broking business. He is expected to use the wider IndusInd ecosystem to offer clients a seamless banking-to-investing experience.
Leadership comments on appointment
Roopam Asthana, Executive Director and CEO of IndusInd Capital Ltd., said Srivastava’s industry experience and strategic perspective make him the right leader for the company’s transformation. “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,” Asthana said.
Srivastava stated that he is “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.” He added that the company will focus on building a modern, client-first investment platform combining technology, research, and personalised service.
Company background
IndusInd Securities Limited, formerly Reliance Securities Limited, is a capital markets intermediary offering trading and investment services across equities, derivatives, mutual funds, bonds, and other financial products to retail, corporate, and institutional clients.
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