ICICI Securities Limited - ‘ICICI Securities appoints Mr. Nilotpal Gupta as Head of Data Science Unit

ICICI Securities appoints Mr. Nilotpal Gupta as Head of Data Science Unit

New Delhi - July 02, 2021 – ICICI Securities (I-Sec), India’s leading retail-led equity franchise, distributor of financial products, and investment bank, today announced the appointment of Mr. Nilotpal Gupta as the Head of its Data Science Unit, taking another step in the direction of strengthening its data and analytics acumen.

Mr. Nilotpal Gupta, who has over 20 years of extensive experience in analytics and related roles in the financial services and technology industry, was previously the Director of Analytics and Information Management at Citi. He is a Computer Science engineer from Madras University, Chennai.

Extending a warm welcome to Mr. Gupta, Mr. Vijay Chandok, MD & CEO, ICICI Securities said, “Data has always been at the heart of building a customer centric business. Even more so in an increasingly digital world. Those with access to the right data and insights have a much larger chance of success in the marketplace. At ICICI Securities, as we double down on our big data and analytics capabilities to provide sharper business insights and build customised offerings, we are delighted to have Nilotpal head our Data Science Unit in this journey. As we strengthen our digital-first approach, data and analytics would be the key components in this strategy.”

“I am happy to be part of ICICI Securities transformation journey. The company has launched pioneering digital initiatives over the years and I hope to draw inspiration from my prior experience and accelerate the data-driven culture,” said Nilotpal Gupta, Head - Data Science Unit, ICICI Securities, commenting on his appointment.

Mr. Gupta has expertise in data engineering, data architecture, descriptive/predictive analytics, data visualisation, and other similar segments in addition to analytics. He has also held leadership positions at companies like Bajaj Finance, Mindtree, Accenture and Wipro.

About ICICI Securities

ICICI Securities Limited (I-Sec) is a subsidiary of ICICI Bank Ltd. The company began its operation in May 1995 and continues to grow its operation through expanding its client base and providing different type of services.

I-Sec operates www.icicidirect.com, a virtual financial supermarket, meeting the three need sets of its clients- investments, protection, and borrowing. Through its four lines of businesses -- broking, distribution of financial products, wealth management, and investment banking-- I-Sec serves customers ranging from the retail and institutional investors to corporates to high net-worth individuals to government.

I-Sec is listed on National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). For details, visit: www.icicisecurities.com

Disclaimer

ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Centre, H. T. Parekh Marg, Churchgate, Mumbai - 400020, India, Tel No : 022 - 2288 2460, 022 - 2288 2470. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103), MCX Ltd (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com.

Except for the historical information contained herein, statements in this release which contain words or phrases such as 'will', ‘expected to’, etc., and similar expressions or variations of such expressions may constitute 'forward-looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results, opportunities and growth potential to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the actual growth in broking business and other financial services in the countries that we operate or where a material number of our customers reside, our ability to successfully implement our strategy, including our use of the Internet and other technology our exploration of merger and acquisition opportunities, our ability to integrate mergers or acquisitions into our operations and manage the risks associated with such acquisitions to achieve our strategic and financial objectives, our growth and expansion in domestic and overseas markets, technological changes, our ability to market new products, the outcome of any legal, tax or regulatory proceedings in India and in other jurisdictions we are or become a party to, the future impact of new accounting standards, our ability to implement our dividend policy, the impact of changes in insurance regulations and other regulatory changes in India and other jurisdictions on us. ICICI Securities Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.