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Fintech powerhouse Angel One snaps up Walmart tech guru in C-suite shuffle
MUMBAI: Angel One Ltd has poached tech heavyweight Rohit Chatter as its new chief data officer, while bidding farewell to outgoing data chief Deepak Chandani.
Chatter, fresh from his gig as chief software architect at Walmart Global Tech, will take the reins with immediate effect, as Chandani prepares to clear his desk by April end.
The well-timed appointment sees Angel One doubling down on its AI ambitions, with chairman Dinesh Thakkar making no bones about the company’s lofty aspirations.
“We’re not just embracing the future of finTech—we’re building it,” he declared with characteristic swagger. “Data is the foundation of this revolution and Rohit’s unparalleled expertise in AI, cloud platforms and data science will be a game-changer in redefining digital investing. With his leadership, we will push the boundaries of innovation, deliver hyper-personalized experiences and empower millions with smarter financial solutions.”
Chatter brings nearly three decades of tech wizardry to the table, having cut his teeth at Silicon Valley giants and masterminded large-scale data operations. At Walmart, he was the brains behind their generative AI revolution, while his stint as CTO at InMobi saw him transform their remarketing platform into a cash cow across major markets.
The data boffin’s CV also boasts impressive turns at Yahoo India, where he spearheaded big data initiatives, and various leadership roles at Talisma, IPSoft, TiVo and Alcatel in the US. His tech toolkit includes everything from Oracle databases to Unix systems, alongside programming chops in Perl, Python and Java.
Chatter, who holds a BE in electronics & telecom and an MBA from NMIMS, seems positively gung-ho about his new role.
“Angel One is revolutionizing the financial services industry with its AI-first approach and I am excited to be part of this dynamic team. AI and data science are shaping the future of investing and my focus will be on enhancing Angel One’s platforms with automation, predictive analytics and intelligent insights that empower investors across India. The potential to innovate and scale AI-led financial solutions at Angel One is immense and I look forward to thisjourney,” he enthused, barely containing his excitement at the prospect of unleashing predictive analytics upon India’s investing masses.
For the uninitiated, Angel One stands tall as India’s largest listed retail stock broking house by active NSE clients. The tech-savvy outfit serves over 30 million investors through its digital platforms, including the Angel One Mobile App, the rather clever ‘ARQ Prime’ recommendation engine, and the ‘Smart Money’ educational platform designed to turn investing novices into market maestros.
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YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
