Hemen Bhatia joins as CEO of Angel One’s Asset Management Business

By Gloria Mathias

Angel One, an India-based FinTech, has announced the joining of Hemen Bhatia as Chief Executive Officer of Angel One Asset Management Company.

This is a strategic move that focuses on the dynamic realm of asset management business. Hemen will spearhead the growth of the Group’s asset management business, highlighting Angel One’s commitment to positively impact a billion lives, through comprehensive financial solutions.

Hemen Bhatia brings along with him a wealth of experience, cultivated over 17 years, in the Asset Management Industry. His forte, in Indian passive investments such as ETFs and index funds, will augur well for the growth of the Asset Management company.

Throughout his career, Hemen has played a pivotal role in the evolution of the ETF market in India and has facilitated the growth of the passive fund management industry through his contributions to numerous industry and regulatory committees. He will lead the strategic direction and growth initiatives, focusing on crafting investment strategies, forging key partnerships, and positioning Angel One in the passive investment space in India.

Dinesh Thakkar, Chairman and Managing Director, Angel One, said, “With Hemen being at the helm of our Asset Management business, we embark on a transformative journey with our foray into this thriving industry. Hemen’s extensive experience in the industry, coupled with his strategic guidance, will be instrumental in forging partnerships and positioning us as a leader in the passive investment space. This move underscores our commitment to pushing the boundaries of innovation as our AMC strides towards shaping the future of fintech and consequently, impacting a billion lives.”

Hemen Bhatia, CEO, Angel One Asset Management Company, said, “I am honoured to assume the role of CEO, marking a significant leap in Angel One’s pursuit of innovation and financial excellence in the Asset Management industry. Angel One has always been a trailblazer in the fintech industry through its innovative investment strategies. I look forward to the prospect of extrapolating significant achievements for our Asset Management business, as we embark on an exciting journey characterised by exponential growth. This transformative endeavour is poised to revolutionise passive investments and redefine India’s financial landscape.”