New Delhi: Religare Broking Limited., a leading full-service brokerage firm in India, has appointed Mr. Vijay Kumar Goel as its Managing Director, strengthening its leadership as the company sharpens its focus on scaling its core broking business and expanding wealth product distribution offerings.

Mr. Goel will be responsible for driving Religare Broking’s strategic growth agenda, strengthening client engagement, and further enhancing the firm’s digital and research capabilities in line with the evolving dynamics of India’s capital markets.

A national rank holder Chartered Accountant and qualified Cost Accountant with over three decades of experience in the banking and financial services sector, Mr. Goel brings deep expertise across Broking, Retail NBFC, Asset Management, Investment and Insurance products distribution, Private Wealth Management and Affordable Home Finance.

Mr. Goel spent over 14 years with the Motilal Oswal Group, where he served as Managing Director and Chief Executive Officer across its broking and distribution, private wealth management, and home finance businesses at different stages. Prior to this, he spent 11 years with the Aditya Birla Group, working across multiple financial services businesses, where he began his career in 1994.

Prior to joining Religare Broking, Mr. Goel was self-employed as an Executive Coach and Business Growth Consultant, mentoring senior leaders and advising financial services organisations on growth and transformation.

In a statement on the appointment, Mr. Indranil Choudhury, Group CHRO, Religare Enterprises Limited, said, “Vijay brings a strong blend of market understanding, proven execution capability, and leadership experience. His appointment reinforces our commitment to strengthening Religare’s core broking business and wealth distribution business, while continuing to enhance customer-centricity and technology-led capabilities. We believe his appointment will be instrumental in advancing company’s next phase of growth.”

In a statement on joining the organisation, Mr. Vijay Kumar Goel, Managing Director, Religare Broking Ltd., said, “India’s capital markets are witnessing structural growth driven by rising retail participation, expanding investment products, and increasing digitisation. Religare Broking has a strong platform and legacy, and I look forward to building on this foundation by strengthening our core broking and product proposition, deepening client relationships, and leveraging technology to deliver differentiated and scalable growth.”