Angel One has announced the appointment of Ajit Narayanan as its Chief Technology Officer (CTO), effective June 04, 2026, reinforcing the company's focus on AI-driven innovation, platform scalability, and next-generation fintech infrastructure. According to reports from Business Standard, the appointment brings significant experience to the technology leadership role at the financial services company. In his new role, Ajit will head Angel One's engineering and technology functions, focusing on strengthening core systems, improving platform performance, and enabling high-velocity innovation. Speaking on his appointment, Ajit expressed excitement about joining Angel One, citing the clarity of its technology ambition and the scale of the problem it is solving. As reported by ETCIO, he noted that the company has already built a strong, modular platform that serves millions of users, and there is significant opportunity to take this to the next level with AI, data, and advanced engineering.
Ajit brings over 25 years of experience in building and scaling large, technology-led businesses across consumer internet, e-commerce, digital healthcare and enterprise platforms. His expertise spans platform engineering, artificial intelligence, cloud-native architectures and large-scale data-led transformation. Before joining Angel One, Ajit led technology for supply chain and commercial platforms at Reliance Retail, served as Chief Technology and Product Officer at Licious, and was co-founder of MFine, an AI-driven digital healthcare platform in India. At Licious, he drove the modernisation of the company's consumer and operational platforms across customer experience, supply chain, fulfilment and last-mile delivery, leveraging data and AI to improve both customer outcomes and operational efficiency. He previously worked as Chief Technology Officer at Myntra, leading the evolution of its technology platform during a period of rapid growth and helping pioneer the use of machine learning across personalization, pricing, demand forecasting, and customer discovery. Earlier in his career, Ajit held engineering, product, and global leadership roles at SAP, where he contributed to building enterprise cloud, integration, and API management platforms, including SAP HANA Cloud Integration solutions that helped enterprises accelerate digital transformation. He holds a Bachelor of Engineering degree from Bangalore University and is an inventor of multiple technology patents.
In his new role, Ajit will focus on strengthening core systems, integrating AI into key platforms and developing scalable infrastructure to support the company's next growth phase. His mandate includes wiring AI-led intelligence into critical systems and building resilient, high-performance platforms to support the company's next phase of growth. As reported by ETCIO, he will lead Angel One's engineering function, shaping platform architecture, performance, and scalability while driving high-velocity execution across teams. The appointment aims to bolster the company's engineering function, focusing on platform architecture, performance, and scalability. The strategic move aims to bolster Angel One's technology foundations for future growth and enhanced client experiences. The appointment comes at a pivotal time when fintech platforms are undergoing rapid transformation, driven by data, automation, and AI-powered decision-making.
The appointment coincides with a restructuring of the technology leadership team. Ravish Sinha, who currently holds the role of Group Chief Product and Technology Officer, will transition from his current position into an individual technologist role in the office of the Group CEO. According to Business Standard, this restructuring reflects the company's focus on building robust platforms and systems that genuinely help more people participate in the markets with confidence. With this appointment, Angel One strengthens its commitment to technology-led growth, positioning itself to capitalize on the next wave of fintech innovation powered by AI, data intelligence, and scalable digital platforms. The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Group CEO Ambarish Kenghe emphasized that they are at an inflection point where technology and AI are reshaping how financial products are delivered to a billion Indians, with Ajit's leadership expected to strengthen core technology foundations and deliver reliable, secure and seamless client experiences at scale. As reported by ETCIO, Kenghe stated that they are focused on investing ahead of the curve to build systems, capabilities, and innovation needed to achieve their north star. Ajit's strong track record of building and scaling technology platforms that serve users reliably will help them strengthen their core technology foundations, deepen their AI capabilities and products, and deliver the reliable, secure and seamless client experiences at scale that the company aims to achieve. The company aims to leverage Narayanan's expertise to build resilient, high-performance platforms that support its long-term growth and digital ambitions.
