Kotak Securities Limited (KSL) today announced that effective 15th July, 2019 Jaideep Hansraj has been appointed as its Managing Director & CEO. Previously, Jaideep was CEO – Wealth Management and Priority Banking, Kotak Mahindra Bank. 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 (KSL) is a subsidiary of Kotak Mahindra Bank Limited and is the stock broking arm of the Kotak Mahindra Group. With 1,352 branches, franchisees representative offices, and satellite offices across in 351 cities, Kotak Securities has the largest reach in the equity broking industry. It processes over 5,00,000 secondary market trades every day and has a customer base of more than 13, 60,000 customers. Awarded Best Brokerage India 2018 by Triple A Asset Country Awards, Kotak Securities offers a wide range of financial products for its clients, including Equity, Derivatives, currency derivatives, distribution of IPOs, Mutual Funds and Insurance.