Angel One Limited at its board meeting held on April 17, 2023 appointed Mr. Amit Majumdar as an Additional Executive Whole time Director on the Board of the Company with immediate effect i.e. effective April 17, 2023. Amit Majumdar has been a Business Leader & Strategist for more than 2 decades, shaping several businesses during his tenor. He had the opportunity to decisively contribute to business growth, profitability, product & geographical expansion, operational efficiencies, marketing, Brand Management, people management, technology adoption and all that goes into building a successful enterprise.

Amit had founded a strategic consulting company called Vantage CEO Advisory Private Limited which was meant to provide strategic consulting and advisory services to businesses that have the potential to grow beyond their current scr1le of operations. His pervious assignment was with Health spring, a leader in providing community healthcare in the Primary Healthcare space with a Pan-Indi a network. He was involved in driving sales, business growth, profitability, products expansion, tech adoption, besides bringing about operational efficiency & effectiveness.

Prior to Healthspring, he was employed with AGS Transact Technologies, a leader in providing Banking Payments Solutions with USO 185mn in revenues, as their Group President and CFO. He was involved in preparing the company for its Initial Public Offering (IPO), besides overseeing general operations and improving business productivity. Prior to joining AGS, Amit was with Angel Broking Limited (Now Angel One Limited), a Leading Retail Financial Services Group, for more than ten years, having served as the Executive Director & Chief Strategy Officer.

A key member of the leadership team, Amit had been involved in the growth of the organization from 15 branches, 120 employees to 170 branches and 6000 plus employees spanning across the Indian geography. His role required him to envisage Group-level business strategy, decision making and implementation besides assisting in Operations, Risk and Compliance. He was also responsible for the Corporate Finance, Human Resources, Corporate Communication and Branding divisions of the Group.

Amit has been part of several closed group discussions on various matters of regulatory importance. His contributions have resulted in formulation of several landmark regulations for the Capital Markets.