IIFL Securities Limited (formerly India Infoline), one of the leading domestic broking houses, announced the appointment of Nemkumar H as Additional Director on the company’s Board, with effect from October 17, 2023.
According to the company’s exchange filing, “the Board of Directors of the Company at their meeting held today i.e. Tuesday, October 17, 2023 has, inter-alia, considered and approved the appointment of Mr. Nemkumar H as Additional Director and Whole-Time Director (Key Managerial Personnel) of the Company subject to regulatory and shareholders’ approval, as required.”
Nemkumar H is a rank holder Chartered Accountant. A founder member of IIFL’s Institutional Equities team, he joined IIFL in 2007 to scale up Institutional Broking and Investment Banking business. Under his leadership, the Institutional Equities business has scaled up well and IIFL Securities is now among the leading firms in the segment.
Prior to joining IIFL, Nemkumar spent nearly 10 years at CLSA as an equity analyst covering the Asia Oil & Gas sectors, as Head of India research and Head of India office. He started his career at BPCL and worked there for 8 years in the corporate treasury and pricing departments.
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