Angel One Limited Appoints Ambarish Kenghe as Group Chief Executive Officer, Effective on or Before March 6, 2025
January 13, 2025 at 09:04 am EST
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Angel One Limited at its board meeting held on January 13, 2025 appointed Mr. Ambarish Kenghe as the Group Chief Executive Officer and Key Managerial Personnel of the Company with effect from on or before March 06,2025
as per the provisions of Section 203 of the Companies Act, 2013 read with its applicable Rules and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Widely recognized as "AK" within the fintech community, Ambarish is a distinguished technology and product leader with extensive experience in fintech, e-commerce, and consumer electronics. In his previous role as Vice President and General Manager at Google Pay APAC, AK was instrumental in scaling Google Pay's footprint and advancing the UPI ecosystem in India. He also played a pivotal role in the launch of Chromecast and contributed- significantly to Google TV's development. Before Google, AK served as Chief Product Officer at Myntra, where he spearheaded Al/ML-powered innovations that redefined the fashion e-commerce landscape. Earlier in his career, he worked as a strategy consultant at Bain & Company in San Francisco and as an engineer specializing in high-speed switching at Cisco Systems in San Jose. A prolific inventor with four patents to his name, AK exemplifies innovation and technical expertise. His impressive academic journey includes an MBA from UC Berkeley, a master's degree in computer science from Purdue University, a master's degree in computer science and engineering from IIT Kanpur, and a bachelor's degree in computer en gineeri ng from AMU .
Angel One Limited is a retail full-service broking house. The Company is engaged in the business of stock, currency, and commodity broking, providing margin trading facilities, depository services and distribution of mutual funds to its clients. The Company operates through the Broking and related services segment. Broking and related services segment is engaged in broking, advisory, third-party product distribution, margin trade facility and other fee-based services. Its digital platforms include Angel One Super App, Angel One Trade, and Smart API. It offers various investment options, such as stocks, mutual funds, upcoming initial public offering (IPO), futures, options, United States stocks, exchange-traded funds (ETF), currencies, commodities, and more. The Company's subsidiaries include Angel Financial Advisors Private Limited, Angel Fincap Private Limited, Angel Securities Limited, Angel DigiTech Services Private Limited, Mimansa Software Systems Private Limited, and others.