Mumbai, Maharashtra, India, March 2025 — Rekha Warriar has been appointed as the Chairperson of the Board at IIFL Capital Services Limited, effective March 22, 2025. With an illustrious career of over three decades at the Reserve Bank of India (RBI), she brings deep expertise in foreign exchange, financial stability, internal debt management, and rural development. Her appointment is a significant step towards reinforcing IIFL Capital Services Limited’s commitment to strong corporate governance, with a clear separation between the roles of Chairperson and Managing Director.
Warriar’s tenure at the RBI included pivotal roles such as Regional Director for West Bengal and Sikkim, along with academic responsibilities as a faculty member at RBI training colleges and as Associate Professor at the National Institute of Bank Management (NIBM), Pune. Her contributions to policy and regulation, particularly in the areas of public finance and banking, have been widely recognized across the financial ecosystem.
An alumna of the University of Bombay with a Master’s degree in Applied Mathematics and Princeton University with a Master’s in Public Policy, Warriar is known for her academic excellence and policy acumen. Her leadership at IIFL Capital Services Limited is expected to guide the organization’s strategic decisions, elevate governance standards, and promote long-term stakeholder value.
About IIFL Capital Services Limited
IIFL Capital Services Limited, formerly IIFL Securities Limited, is one of India’s largest full-service broking houses, serving over 3 million clients across retail, institutional, and HNWI segments. With more than 2,500 points of presence in 500+ cities, the company offers a wide array of services including equity broking, commodity and currency trading, financial planning, investment banking, and the distribution of mutual funds and other financial products. Renowned for its cutting-edge technology platforms and customer-centric approach, IIFL continues to lead with innovation, transparency, and integrity in India’s financial services landscape.
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