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Angel One appointed Manoj Agarwal as group chief compliance officer to lead regulatory compliance and internal policies
The appointment follows Agarwal's three-year stint at Upstox and 19 years at Kotak Securities heading compliance and audit functions
Angel One reported INR 281.4 Cr net profit in Q3 FY25, up 8.1% YoY, while strengthening its leadership team with recent senior appointments
Listed fintech company Angel One has appointed former Upstox Manoj Agarwal as group chief compliance officer.
In his new role, Agarwal will lead the development and implementation of compliance programmes while ensuring regulatory adherence and internal policies at Angel One.
Before joining Angel One, Agarwal led various roles at Upstox, spanning across compliance, legal, secretarial and audit, since 2021. Before that, he worked at Kotak Securities for 19 years, with his last role being senior executive vice president heading compliance, internal audit and secretarial functions.
“This is an opportunity to contribute to an organisation driving technological advancement while maintaining compliance standards,” Agarwal said.
At Angel One, he will represent the company in industry forums and regulatory working groups while fostering relationships with regulators and market infrastructure institutions.
The appointment comes as Angel One continues expanding its digital footprint. The company saw its net profit rise 8.1% to INR 281.4 Cr in Q3 FY25, while operating revenue grew 19% to INR 1,262.2 Cr compared to the same period last year.
Angel One competes with Zerodha, Groww and other fintech platforms in the broking segment. Earlier in November last year, the company received SEBI approval for its asset management subsidiary Angel One AMC to launch passive mutual funds.
Angel One has been strengthening its leadership team, having appointed former Google Pay executive Ambarish Kenghe as group CEO and Flipkart veteran Arief Mohamad as chief business officer in recent months.
