ICICI Securities On-boards Rohit Ambosta for New Solutions Group

ICICI Securities (I-Sec) today said that it has on-boarded Rohit Ambosta in the leadership team of the New Solutions Group. In his new role, Ambosta will be responsible for products, technology architecture design, development, and the launching of new initiatives.

Welcoming Ambosta to I-Sec, Vijay Chandok, MD and CEO, ICICI Securities, said, “Over the last 18 months, equity markets have been witnessing heightened activity levels with increased retail participation. A large number of new investors are entering the market, of which a significant proportion hail from smaller towns and cities. Representing the emerging affluent / mid income segment of the society, their requirement and expectations from intermediaries like us are very different from the conventional investors. We are happy to have Rohit join the team and increase the pace of launch of next gen products and services tailor made for these investors.”

Ambosta, an electronics engineer, has over 20 years of leadership experience in Technology and Digital Transformation roles, and joins I-Sec from Sharekhan, where he served as Chief Information Officer.

Ketan Kharkhanis, I-Sec veteran and Head of Digital Accounts Acquisition, is also part of the leadership team of New Solutions Group. Together, with Ambosta and Karkhanis as Co-Heads, New Solutions Group will be responsible for developing new products and solutions that will drive the digital transformation aimed at the large number of new investors entering the market.

The new products and solutions will leverage cutting-edge next gen technology like AI, ML, big data with real life customer expectations to deliver an investment journey with best-in-class customer experience.