From Capital Markets to Client Growth, Religare Broking Sets Its Leadership Direction

Vijay Kumar Goel, Managing Director, Religare Broking Limited, takes charge as the firm sharpens its focus on scaling its broking business and expanding wealth distribution

Religare Broking Limited has announced a leadership transition with Vijay Kumar Goel assuming charge as Managing Director, as the firm intensifies its focus on strengthening its core broking business and expanding wealth product distribution. The move reflects the company’s strategic emphasis on growth, client engagement, and evolving market opportunities within India’s capital markets
In his role as Managing Director, Goel will be responsible for driving Religare Broking’s growth agenda, strengthening client relationships, and enhancing the firm’s digital and research capabilities in response to changing investor needs and market dynamics.

A national rank holder Chartered Accountant and qualified Cost Accountant, Goel brings over three decades of experience across the banking and financial services sector. His professional background spans broking, retail NBFC operations, asset management, investment and insurance products distribution, private wealth management, and affordable home finance.
He spent more than 14 years with the Motilal Oswal Group, where he held leadership positions including Managing Director and Chief Executive Officer across its broking and distribution, private wealth management, and home finance businesses at various stages of growth. Prior to this, he worked with the Aditya Birla Group for over 11 years across multiple financial services businesses, having begun his career in 1994.

Before joining Religare Broking, Goel was self employed as an Executive Coach and Business Growth Consultant, advising financial services organisations and mentoring senior leadership teams on growth and transformation initiatives.
Commenting on the appointment, Indranil Choudhury, Group Chief Human Resources Officer, Religare Enterprises Limited, said, “Vijay brings a strong blend of market understanding, proven execution capability, and leadership experience. His appointment reinforces our commitment to strengthening Religare’s core broking business and wealth distribution business, while continuing to enhance customer centricity and technology led capabilities. We believe his leadership will play a key role in the company’s next phase of growth.”

Sharing his perspective on joining the organisation, Vijay Kumar Goel said, “India’s capital markets are witnessing structural growth driven by rising retail participation, expanding investment products, and increasing digitisation. Religare Broking has a strong platform and legacy, and I look forward to building on this foundation by strengthening our core broking and product proposition, deepening client relationships, and leveraging technology to deliver differentiated and scalable growth.”
Religare Broking Limited is a wholly owned subsidiary of Religare Enterprises Limited and operates as a full service broking firm with a nationwide presence across more than 400 cities, serving over one million customers across India.

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