Industry Veteran Hemant Luthra Takes Helm at Pune’s Definedge Securities

Definedge Securities has appointed industry veteran Hemant Luthra as Chairman, with Ajay Srivastava and D Prasad joining the board. This strategic move aims to enhance the company's growth as a wealth-tech platform focused on technology-led market access and investment education. Luthra's extensive leadership experience is anticipated to bolster their framework.

Pune-based Definedge Securities has named industry stalwart Hemant Luthra as its new Chairman, further cementing its stature in the wealth-tech sector. Ajay Srivastava and D Prasad have also joined the board, heralding a transformative phase in the company's growth trajectory.

The appointments are strategic maneuvers intended to reinforce the firm's position, emphasizing technology-driven market access and research-based investment strategies. The leadership shuffle aims to amplify investor education initiatives, the company revealed on Thursday.

Luthra, with over 40 years of leadership experience spanning technology, private equity, and manufacturing, is set to be a pivotal figure. His extensive career includes roles at IBM and Mahindra & Mahindra, underscoring his capability to fortify Definedge's leadership framework, according to CEO & Co-founder Prashant Shah.