MARWADI SHARES AND FINANCE - Key Persons


Anooj Mehta

Job Titles:
  • Management Consultant
  • Member of the Leadership Team

Ashish Mittal

Job Titles:
  • Member of the Leadership Team
  • Head of Customer Support

Deven Marwadi

Job Titles:
  • Whole Time Director

Gaurav Bhojak

Job Titles:
  • Director
  • Chief Strategy and Digital Transformation Officer

Jitendra Tank - CHRO

Job Titles:
  • Head of Human Resources
  • Member of the Leadership Team

Keval Bhanushali - CEO

Job Titles:
  • Chief Executive Officer
  • Director

Miss Juhi Devenbhai Marwadi

Job Titles:
  • Director
  • Non - Executive Director
She has been associated with our Company since 2020. She heads the project management teams at our Company and is involved in the strategic planning.

Mohan Kumar - COO

Job Titles:
  • Chief Operating Officer
  • Director

Mr Timothy Lewis

Job Titles:
  • Non Executive Director
Mr Tim Lewis, was appointed as Non-Executive/Nominee Director representing Caledonia Investment Plc and Amber 2010 Ltd on March 30th, 2016. He has been with Caledonia since the start of 2011. He qualified as a Chartered Accountant with PwC in London in 2004 and subsequently worked as Assistant Director in its corporate finance division in London for five years. He is a non-executive director of Liberation Group, Park Holidays and Sterling Industries.

Mr. Deven H. Marwadi

Job Titles:
  • Member of the Board of Directors
  • Whole Time Director
Mr. Deven H. Marwadi has been the Director of the Company since 1998. His experience includes over 25 years of expertise in the area of risk management in the financial services industry. Overall experience of over a decade in the Stock market related activities and has been appointed as director of the company in the year 1998. He has extensive knowledge and expertise in the line of trading and clearing segment and is in whole charge of day today trading activities of NSE and BSE trading in Cash and derivatives segment. He is in charge of total client base of the organization including DP operations of NSDL and CDSL apart from looking after the trading requirements of Commodity market carried out by the subsidiary company having membership of MCX and NCDEX.

Mr. Dhruv Sandip Marwadi

Job Titles:
  • Whole Time Director
He has been associated with our Company since 2021. He holds degree of Bachelor of Science (with Honors) in Management from University of Warwick, UK.

Mr. Jay Thakkar

Job Titles:
  • Director
  • Vice President and Head of Equity Research and Structured Products
With more than a decade of industry experience, Mr. Jay Thakkar completed his MBA in Finance from N.L. Dalmia Institute of Management Studies & Research prior to becoming a qualified Chartered Market Technician (CTM) from CMT Association, USA. Today he is a registered member of the CMT Association, USA, and the Association of Technical Market Analyst (ATMA), India.

Mr. Jeet Ketan Marwadi

Job Titles:
  • Whole Time Director
He has been associated with our Company since 2017. He is Graduate in Economics from Loyola Marymount University, Los Angeles. He has been implementing and is instrumental in bringing in new ideas and processes of positive work culture in our Company.

Mr. Kantilal Kalidas Khakhar

Job Titles:
  • Independent Director
He has been appointed on Board of our Company since 2015. He is a retired professor of Saurashtra University. He had headed Department of Economics in Saurashtra University during the period of his service.

Mr. Ketan H. Marwadi - Chairman, Managing Director

Job Titles:
  • Chairman
  • Managing Director
  • Member of the Board of Directors
Mr. Ketan H. Marwadi promoted the Company in 1992. He has also been instrumental in guiding the Company for securing the corporate membership of BSE & NSE in cash and derivatives segment, membership of Saurashtra Kutch Stock Exchange Ltd., and for the launching of depository services of NSDL and CDSL.In his current role, he is the chief strategist, overseeing MSFL's strategic growth and development as well as the operational functioning and initiatives for ensuring best investor services. Mr. Ketan H. Marwadi has more than 25 years of experience in the primary as well as the secondary market of Capital Market, dealing with stock exchanges, regulatory and statutory bodies, and monitoring of overall compliance. His core expertise also lies in research & development of capital markets and launching various services for the investors as per their requirements. Mr. Ketan Marwadi has the distinction of holding several leadership roles. He has been the Vice President of Saurashtra Kutch Stock Exchange and a director of SKSE Securities Ltd. (which is a subsidiary of Saurashtra Kutch Stock Exchange). He has served as an Executive Committee member of OTCEI and assisted NSE in resolving many trade-related matters as a member of Committee of Trade-related issues (COTI). Currently, he is the Member of Executive Committee (F&O Segment) of NSE and Director - ANMI-WRIC Board. Mr. Ketan Marwadi is a graduate in Civil Engineering.

Mr. Ketan Marwadi - Chairman, Managing Director

Job Titles:
  • Chairman
  • Managing Director

Mr. Nareshkumar Dilawarsinh Jadeja

Job Titles:
  • Independent Director
He has been appointed on Board of our Company since 2016. He holds Master of Engineering and Master of Science degrees from Stevens Institute of Technology, USA and has worked with United States' Environment Protection Agency affiliated organization for 8 years in Air, Water and Soil Analysis. He joined Gujarat Technological University (GTU) as Deputy Director and was involved with development and execution of Student Start up Policy, GTU Incubation Center, Community Innovation and Co Creation Center, Bosch-Rexroth Center of Excellence, GTU Techfest, GT Motorsports team.

Mr. Pranav M. Shah

Job Titles:
  • Non Executive Director
  • Chairman Pranav Securities
Pranav M. Shah, Chairman Pranav Securities and Director Marwadi Shares & Finance has a spectacular track record in Institutional business for the last 20 years. He began his stint in capital market by Selling IPO's for his father Mukund M. Shah's firm. He is best known for his expertise in gauging Market Trends and FII / Cross border business. A very successful Equities Investor and Trader himself, with Wide networking skill that spans all big players in the market.

Mr. Sandip H. Marwadi

Job Titles:
  • Whole Time Director
Appointed as Director of the company in the year 1998. He has extensive knowledge and expertise in the line of hardware and software and various networking facilities. He is in charge of hardware and software operations of the company, installation of hardware and software, its maintenance, connectivity and networking of branch offices and sub-brokers, back-up operations, software developments in relation to stock broking and DP related operations of the company. Upgradation of technology, computer peripherals, effective networking of the company and its branch offices and to provide uninterrupted communication facilities to the ultimate users.

Mr. Sanjay Thakrar - CFO

Job Titles:
  • Chief Financial Officer
An ICWAI graduate, Mr. Sanjay Thakrar supervises and controls the overall accounting functions. He is responsible for conducting internal audits, preparing monthly and quarterly financial statements, management information reports, and supervising internal audit team.

Mr. Tushit G. Mangukiya - Secretary

Job Titles:
  • Company Secretary
  • Compliance Officer
  • Director
  • Chief Complaince Officer & Company Secretary
With around two decade long experience in stock broking compliance, heads the compliance team at MSFL. Responsible for ensuring corporate compliances, broking and depository compliances in accordance with the rules, regulations and circulars from exchanges, depositories and SEBI.

Mr.Haresh Maniar

Job Titles:
  • Member of the Leadership Team
  • Head - Business Development
Mr. Haresh Maniar has over 35 years of experience in sales and distribution channel management with reputed companies. India and controls branch offices and the sub-brokers network. He also explores new business prospects by expansion of B2C and B2B channels. He has worked with reputed companies like Asian Paints and Pidilite Industries for more than 20 years.

Mr.Lakhan Bambhaniya - CTO

Job Titles:
  • Chief Technology Officer
  • Director
The Chief Technology Officer (CTO) is responsible for overall direction of all technology functions associated within the enterprise. This includes Information Technology applications, communications (voice, data, and wireless) and computing services within the enterprise that impacts the enterprise, its products and its customers.

Mrs. Mira Deven Marwadi

Job Titles:
  • Whole Time Director
She has been associated with our Company since 1995. She holds a degree of Bachelor of Commerce and has about 21 years of experience in stock market related activities.

Sandeep Marwadi

Job Titles:
  • Whole Time Director

Suraj Rohra

Job Titles:
  • Member of the Leadership Team
  • Vice President Digital Acquisition and Reactivation