Angel One, one of India’s leading financial services platforms, has announced the appointment of Ambarish Kenghe as its Group Chief Executive Officer, effective March 2025. With a wealth of experience in fintech, technology, and e-commerce, Kenghe is set to guide Angel One through a period of growing competition and rapid transformation in the financial services industry.
Ambarish Kenghe’s professional journey spans over two decades, during which he has held pivotal roles in fintech, strategy consulting, and technology-driven industries.
Driving Growth at Google Pay APAC
Kenghe previously served as Vice President and General Manager at Google Pay APAC, where he played a crucial role in the platform’s growth. Under his leadership, Google Pay became a significant player in the Indian Unified Payments Interface (UPI) ecosystem. His contributions were instrumental in scaling the platform’s adoption, enhancing user experience, and ensuring seamless integration with the country’s evolving digital payment landscape.
AI-Driven Innovations at Myntra
As the Chief Product Officer at Myntra, Kenghe focused on integrating Artificial Intelligence (AI) and Machine Learning (ML) into the company’s operations. This innovation transformed Myntra’s online retail processes, enabling personalized recommendations and streamlining customer journeys, which significantly improved user engagement and sales.
Diverse Expertise Across Sectors
Kenghe also brings experience from his tenure at Bain & Company, where he was involved in strategy consulting, and at Cisco, where he worked as an engineer. These roles equipped him with a broad understanding of technology, business strategy, and operational execution, making him well-suited for leading Angel One in today’s competitive financial services market.
Strategic Vision for Angel One
Angel One’s decision to appoint Kenghe as its CEO reflects the company’s focus on innovation and strategic growth.
Responding to Fintech’s Evolving Needs
The financial services industry is undergoing a seismic shift, with digital transformation and consumer expectations driving demand for more innovative solutions. Kenghe’s deep expertise in technology-driven business models positions him to spearhead Angel One’s response to these challenges.
Enhancing Technological Infrastructure
A key focus of Kenghe’s leadership will be to enhance Angel One’s technological capabilities. This includes strengthening the platform’s digital infrastructure, introducing cutting-edge tools, and adopting advanced technologies to provide users with seamless and efficient financial solutions.
Scaling Operations
Kenghe is expected to leverage his experience in scaling operations, particularly in competitive and dynamic markets. His ability to align technological advancements with business objectives will be critical as Angel One seeks to expand its footprint in India’s fast-growing fintech ecosystem.
Academic and Technical Excellence
Ambarish Kenghe’s academic credentials further reinforce his suitability for the role. An engineering graduate, Kenghe holds multiple patents, underscoring his innovative mindset and technical expertise. His combination of technical knowledge and strategic vision is expected to drive Angel One’s evolution into a market leader in the financial services sector.
Positioning Angel One for the Future
Kenghe’s appointment comes at a time when the financial services sector is becoming increasingly reliant on digital technologies. As businesses embrace digital transformation to remain competitive, companies like Angel One are turning to leaders with strong technology backgrounds to navigate this shift.
Bridging Technology and Business Strategies
Kenghe’s ability to merge technical expertise with business strategies will be a significant asset for Angel One. His leadership is expected to drive:
- The introduction of innovative fintech solutions.
- Expansion into new markets.
- Improved customer satisfaction through technology-enhanced services.
Aligning with Industry Trends
The move also aligns with broader trends in the industry, where companies are increasingly appointing leaders who have proven track records in digital innovation, customer-centric solutions, and scaling businesses in competitive environments.
Category | Details |
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Why in News | Angel One has appointed Ambarish Kenghe as its Group CEO, effective March 2025. |
New Role | Group Chief Executive Officer (CEO) of Angel One. |
Experience | Over 20 years of experience in fintech, technology, e-commerce, and consulting. |
Key Previous Roles | – Vice President & GM, Google Pay APAC (Growth of UPI ecosystem in India). |
– Chief Product Officer, Myntra (Integrated AI/ML for enhanced retail operations). | |
– Consultant, Bain & Company. | |
– Engineer, Cisco. | |
Focus Areas | – Innovation and Strategic Growth. |
– Responding to digital transformation in the fintech sector. | |
– Enhancing technological infrastructure for seamless financial solutions. | |
– Scaling operations to expand Angel One’s footprint. | |
Academic Achievements | – Engineering graduate with multiple patents, showcasing technical expertise. |
Leadership Vision | – Drive technology-driven innovations. |
– Improve customer satisfaction and expand into new markets. | |
– Bridge technology and business strategies for competitive growth. | |
Industry Context | Reflects a broader trend of appointing leaders with fintech and technology backgrounds to navigate the growing digital economy. |