Angel One’s Strategic Revamp: Nishant Jain Takes Helm as Chief Business Officer for Assisted Channel

livemint.com:

Nishant will lead efforts to form synergistic partnerships with key stakeholders, concurrently elevating business performance through strategic expansion of the assisted channel. Nishant, an alumnus of IIM-B with a remarkable two-decade career, boasts an impressive track record of driving growth of Indian startups such as BharatPe and Zomato. Additionally, he has occupied senior leadership positions at the multinational FMCG giant, Coca-Cola.

Nishant’s appointment will enable the company to establish increased focus and foster growth of this vertical.

Over the course of time, Angel One Group has grown into a diversified fintech business, consisting of multiple offerings across equity, commodity and currency derivative broking, margin trading facility, depository services, distribution of mutual funds, bonds and insurance products, along with research analyst and investment advisory services. Angel One Limited recently received the in-principle approval from SEBI to act as a sponsor and set up a mutual fund.

Mr. Dinesh Thakkar, Chairman and Managing Director, Angel One Ltd., said, "The Fintech industry is characterized by its dynamic and rapid evolution.

To successfully pursue our goal of impacting a billion lives, we must stay ahead of the curve. Nishant brings extensive knowledge and expertise to his field, which will undoubtedly enhance our growth opportunities. Moreover, restructuring will allow the group to be future ready.