Angel One joins Kotak executive Srikanth Subramanian to lead wealth management business
Former Kotak Cherry executive Srikanth Subramanian has joined Angel One Wealth as co-founder and CEO. Subramanian has over 20 years of experience in the investment and asset management business.
Other co-founders include Shobhit Mathur and Dharmendra Jain. Shobhit will lead the wealth technology and customer excellence teams, while Dharmendra will provide strategic expertise on investment solutions and products.
The new business leaders will work with Angel One to capitalize on opportunities in wealth management while meeting the growing needs of Emerging HNIs and Ultra HNIs.
“Wealth management businesses have experienced significant growth over the past decade as our country’s wealthier population grows. We believe this space is ripe for digital transformation. By adding these outstanding leaders to our team, we will accelerate this growth. said Dinesh Thakkar, Chairman and Managing Director of Angel One.
“Srikanth and his team’s expertise aligns perfectly with our vision. Their strategic contributions will play a pivotal role in taking Angel One to new heights as we navigate the dynamic financial environment.” Thakkar added. As a member of the Angel One Group, we are building a technology-driven omni-channel asset management business. Our innovative digital approach and established market presence perfectly complement our goal of providing comprehensive financial solutions tailored to the evolving Indian landscape,” said Srikanth Subramanian, CEO, Angel One Wealth. Angel One Wealth is an experienced It said it has an experienced founding team comprised of managers and domain experts in technology, advisory and customer engagement.
“Our platform aims to leverage technology expertise to improve decision-making about investments. Each of our co-founders has nearly 20 years of domain expertise and a solid technology foundation to build a platform that caters to millions of users. “The company aims to grow in the WealthTech space,” the brokerage firm said in a statement.
On Monday, shares of Angel One were trading over 3% higher at Rs 2,924 on the NSE.
