back Back

Hemen Bhatia joins as CEO of Angel One’s Asset Management Business

By Gloria Mathias

December 18, 2023

  • Angel One
  • App Launch
  • Asset Management Firms

Angel One, App Launch, Superapp, Digital Payments, Digital Investments, Investments, Investors, wealth management, India, Mumbai, Dstreet Finance, Bengaluru, FinTech, Broking Platform, Hemen Bhatia, India, Fintech News, India News,  Angel One, an India-based FinTech, has announced the joining of Hemen Bhatia as Chief Executive Officer of Angel One Asset Management Company.

This is a strategic move that focuses on the dynamic realm of asset management business. Hemen will spearhead the growth of the Group’s asset management business, highlighting Angel One’s commitment to positively impact a billion lives, through comprehensive financial solutions.

Hemen Bhatia brings along with him a wealth of experience, cultivated over 17 years, in the Asset Management Industry. His forte, in Indian passive investments such as ETFs and index funds, will augur well for the growth of the Asset Management company.

Throughout his career, Hemen has played a pivotal role in the evolution of the ETF market in India and has facilitated the growth of the passive fund management industry through his contributions to numerous industry and regulatory committees. He will lead the strategic direction and growth initiatives, focusing on crafting investment strategies, forging key partnerships, and positioning Angel One in the passive investment space in India.

Dinesh Thakkar, Chairman and Managing Director, Angel One, said, “With Hemen being at the helm of our Asset Management business, we embark on a transformative journey with our foray into this thriving industry. Hemen’s extensive experience in the industry, coupled with his strategic guidance, will be instrumental in forging partnerships and positioning us as a leader in the passive investment space. This move underscores our commitment to pushing the boundaries of innovation as our AMC strides towards shaping the future of fintech and consequently, impacting a billion lives.”

Hemen Bhatia, CEO, Angel One Asset Management Company, said, “I am honoured to assume the role of CEO, marking a significant leap in Angel One’s pursuit of innovation and financial excellence in the Asset Management industry. Angel One has always been a trailblazer in the fintech industry through its innovative investment strategies. I look forward to the prospect of extrapolating significant achievements for our Asset Management business, as we embark on an exciting journey characterised by exponential growth. This transformative endeavour is poised to revolutionise passive investments and redefine India’s financial landscape.”

Previous Article

December 18, 2023

Saudi FinTech Nearpay secures $14m in Series A funding

Read More
Next Article

December 18, 2023

Visa to acquire a majority stake in Mexico payments processor Prosa

Read More

IBSi Daily News Analysis


February 23, 2024

Angel One

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

FinTech Focus: Catch latest developments of the week

Read More

February 23, 2024

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

February 23, 2024

Security Bank joins Avaloq to digitise its wealth management business

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023