Kotak Securities Limited (KSL) today announced that Jaideep Hansraj has been appointed as its Managing Director & CEO. His appointment is effective from 15th July 2019.
Previously, Jaideep was CEO – Wealth Management and Priority Banking, Kotak Mahindra Bank. He joined the Jaideep joined Kotak Mahindra Group in July 1993. In a short span of four years, he was elevated as Chief Executive of Kotak Mahindra International Ltd. (a subsidiary of Kotak Mahindra Finance Limited) in Dubai.
In October 1999, Jaideep took over as the head of Kotak Securities’ private client division and in September 2004, Jaideep assumed charge as head of Kotak Wealth Management. Under his leadership, Kotak Wealth Management Business has emerged as the leading wealth manager in India and has won several accolades and recognition across the industry.
Kotak Securities Limited is a subsidiary of Kotak Mahindra Bank Limited and is the stockbroking arm of the Kotak Mahindra Group. With 1,352 branches, franchisees representative offices, and satellite offices across in 351 cities, Kotak Securities processes over 5,00,000 secondary market trades every day and has a customer base of more than 13, 60,000 customers.