Religare Broking names Vijay Kumar Goel as Managing Director

Religare Broking Limited has named Vijay Kumar Goel as its Managing Director. In his new role, he will lead Religare Broking’s strategic growth plans, deepen client relationships, and further strengthen the firm’s digital and research capabilities in step with the changing dynamics of India’s capital markets.

Goel brings more than 30 years of experience in the banking and financial services space, with expertise spanning broking, retail NBFC, asset management, distribution of investment and insurance products, private wealth management, and affordable housing finance.

Before joining Religare Broking, Goel worked independently as an executive coach and business growth consultant, guiding senior leaders and advising financial services firms on expansion and transformation strategies.

He previously spent over 14 years with the Motilal Oswal Group, where he held Managing Director and CEO roles across broking and distribution, private wealth management, and home finance businesses at various stages. Prior to that, he worked for 11 years with the Aditya Birla Group across several financial services verticals, where he began his career in 1994. In a statement on the appointment, Indranil Choudhury, Group CHRO, Religare Enterprises Limited, said, “Vijay combines deep market insight with proven execution strength and leadership experience. His appointment underscores our focus on strengthening Religare’s core broking and wealth distribution businesses, while continuing to enhance customer-centricity and technology-driven capabilities. We believe he will play a key role in driving the company’s next phase of growth.”

Commenting on his new role, Vijay Kumar Goel, Managing Director, Religare Broking Ltd., said, “India’s capital markets are undergoing structural expansion, supported by growing retail participation, a wider range of investment products, and increasing digitisation. Religare Broking has a strong foundation and legacy, and I am excited to build on this by reinforcing our core broking and product offerings, deepening client engagement, and using technology to enable differentiated and scalable growth.”