Bangalore : HDFC Securities, a leading stockbroking company and a subsidiary of HDFC Bank, today announced a comprehensive organizational restructuring aimed at strengthening its market position and accelerating growth. These changes, effective April 1, 2026, reflect the company’s commitment to innovation, operational excellence, and customer-centricity, as it continues to redefine the future of investing in India.

As part of this strategic reorganization, HDFC Securities is pleased to announce the following leadership changes:

a.   Ashish Rathi will assume the role of Head – Retail Business and continue as a Whole-time Director on the Board of HDFC Securities. As the Head of Retail Business, he will be responsible for the entire branch engagement channel, including PBG/NRI desks, Growth Force, Distribution, and Customer Experience. Ashish, a Chartered Accountant with over 2 decades of experience, has been with HDFC Securities since 2003 and currently serves as COO & Whole-Time Director.

b.   Varun Lohchab will assume the role of Chief Research Officer – Equities, overseeing all equity research across client segments. Varun, with degrees from IIM Calcutta and Delhi College of Engineering, joined HDFC Securities in 2020 and previously worked with Jefferies, Religare, CIMB, and Franklin Templeton and currently serves as the Head of Institutional Research. 

c.    Anand Mathur will take on additional responsibilities for the Strategy Portfolio, in addition to his role as CFO. Anand, with over 18 years of experience at HDFC Bank, joined HDFC Securities as CFO in March 2025.

Commenting on the announcement, Mr. Dhiraj Relli, MD & CEO, HDFC Securities Ltd., said, “Today, as we embark on this new chapter of organizational restructuring and leadership excellence, our unwavering focus remains on capturing greater market share through continuous innovation, passion, and dedication to our clients. We are leveraging the power of technology and stakeholder trust to lead India’s investment landscape into a future of growth, progress, and value creation. At HDFC Securities, we are committed to Powering India’s investments, fostering progress for our nation, and shaping a brighter financial future for every investor. Together, we aim for greater heights, delivering superior outcomes and redefining the future of investing in India.”