ICICI Securities, India’s leading retail-led equity franchise,
today said that following the superannuation of Mr. Yagnesh Parikh, the company has appointed
Mr. Subhash Kelkar as the Chief Technology & Digital Officer.
Given the wealth of knowledge, domain expertise and experience Mr. Parikh holds, he will
continue to be associated with the Company in an advisory capacity.
Mr. Subhash Kelkar comes with close to three decades of technology and services industry
experience in various strategic and leadership roles. He has worked in multiple geographies
including USA, Europe, Japan and New Zealand and has anchored many digital / technology led
transformations. An engineer from the Sardar Patel College of Engineering, Mumbai, and Postgraduate from the Centre for Development of Advanced Computing (formerly NCST), Mumbai,
Mr. Kelkar began his career with Tata Consultancy Services, and over the years has worked with
organisations like Mastek, the Mahindra Group, and IIFL. He joins I-Sec from CMS Info Systems,
where he was the chief Technology Officer.
In his welcome message, Mr. Vijay Chandok, MD & CEO, ICICI Securities said, “We
welcome Subhash to the I-Sec family and look forward to benefiting from his vast experience
of being a change agent in many digital and technological initiatives, both as a client and as a
service provider. I-Sec is focusing heavily in digitizing and automating systems, processes, and
offerings, and with Subhash by our side, we are confident of gaining a key technological edge.
I would also like to thank Yagnesh for his immense contribution towards setting up and growing
the ICICI direct platform and look forward to continue benefiting from his experience and
expertise.”
“I am thrilled to join ICICI Securities, which is a pioneer of online trading in India. The
robustness of the platform can be judged from the fact that it has withstood and adapted with
multiple technology changes over the last two decades and continues to remain a platform of
choice for ~5 million and growing customers. The team has launched pioneering digital
initiatives and I hope to accelerate the pace of innovation in the system,” said Subhash
Kelkar, Chief Technology & Digital Officer, ICICI Securities.
“After over 25 years with the ICICI Group, and being a member of the core team which
successfully launched icicidirect.com in 2000 which changed the face of trading in India, I had
a very satisfying stint. The technology group at I-Sec is second to none and I was privileged to
lead such a motivated team. I am happy to pass the baton to Subhash who comes with
impeccable credentials,” said Mr. Yagnesh Parikh. He continues to be associated with the
company in an advisory role.
ICICI Securities on-boards Subhash Kelkar as CTDO
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