Management Appointment Details

Angel One Limited announced the appointment of Ajit Narayanan as its Chief Technology Officer (CTO) effective June 4, 2026. The appointment was communicated to both the National Stock Exchange of India Limited and BSE Limited through a formal press release.

New CTO Background and Experience

Ajit Narayanan brings over 25 years of experience in building and scaling technology-led businesses across multiple industries including consumer internet, e-commerce, digital healthcare, and enterprise platforms. His specific expertise includes:

  • Platform engineering
  • Artificial intelligence
  • Cloud-native architectures
  • Data-led transformation at scale

Previous Roles and Experience

Prior to joining Angel One, Narayanan held several significant technology leadership positions:

  • Led technology for supply chain and commercial platforms at Reliance Retail
  • Served as Chief Technology and Product Officer at Licious, where he modernized consumer and operational platforms across customer experience, supply chain, fulfillment, and last-mile delivery
  • Co-founded MFine, an AI-powered digital healthcare platform, where he built and scaled the company's technology architecture, product vision, and organization
  • Served as Chief Technology Officer at Myntra, leading technology platform evolution during rapid growth period
  • Held engineering, product, and global leadership roles at SAP, contributing to building enterprise cloud, integration, and API management platforms including SAP HANA Cloud Integration solutions

Narayanan holds a Bachelor of Engineering degree from Bangalore University and is an inventor of multiple technology patents.

Role Responsibilities at Angel One

In his new position as CTO, Narayanan will:

  • Lead Angel One's engineering function
  • Shape platform architecture, performance, and scalability
  • Drive high-velocity execution across teams
  • Strengthen core technology foundations
  • Wire AI-led intelligence into critical systems
  • Build resilient, high-performance platforms to support the company's next phase of growth

Management Transition

Concurrently with this appointment, Mr. Ravish Sinha, Group Chief Product and Technology Officer, will transition from his current role into an individual technologist role in the office of the Group CEO.

Management Commentary

Ambarish Kenghe, Group Chief Executive Officer, Angel One commented: "We are at an inflection point where technology and AI are reshaping how financial products are delivered to a billion Indians. At Angel One, we are focused on investing ahead of the curve to build systems, capabilities, and innovation needed to achieve our north star. Ajit brings a strong track record of building and scaling technology platforms that serve users reliably. His leadership will help us strengthen our core technology foundations, deepen our AI capabilities and products, and deliver reliable, secure and seamless client experiences at scale."

Ajit Narayanan, Chief Technology Officer, Angel One stated: "What excites me about Angel One is the clarity of its technology ambition and the scale of the problem it is solving. The company has already built a strong, modular platform that serves millions of users, and there is a significant opportunity to take this to the next level with AI, data, and advanced engineering. I am looking forward to working with the teams to build robust platforms and systems that genuinely help more people participate in the markets with confidence."

Company Background

Angel One Limited (NSE: ANGELONE, BSE: 543235) is described as one of India's leading FinTech platforms with a client base of over 37 million. The company offers digital-first solutions across:

  • Broking
  • Advisory
  • Margin funding
  • Wealth and asset management (AMC)
  • Distribution of third-party financial products including mutual funds, credit, fixed income, and insurance

The company emphasizes technology integration with AI, machine learning, and data-driven intelligence to deepen client engagement and retention. Key platforms include:

  • Super App NXT
  • SmartAPI (open API platform for traders)
  • Smart Money (investor education platform)