Mumbai, SBICAP Securities Limited, one of India’s leading full-service brokerage and investment services firms and a group company of the State Bank of India, has announced the appointment of Ayaskant Mohapatra as its Chief Technology Officer (CTO). The appointment strengthens the company’s leadership team as it continues to advance its technology capabilities and digital transformation agenda.
Ayaskant is a results-driven IT professional with 25 years of experience leading enterprise-scale technology functions. He brings extensive expertise in leveraging technology to accelerate business growth, enhance operational efficiency, strengthen security, and build scalable technology ecosystems aligned with evolving business needs.
Prior to joining SBICAP Securities Limited, Ayaskant held key roles at BOBCARD, YES Securities, Axis Securities, and HSBC InvestDirect. His extensive experience across the financial services sector is expected to further strengthen the company’s technology strategy and digital capabilities, while supporting its focus on delivering seamless, secure, and customer-centric solutions.
Commenting on his appointment, Ayaskant Mohapatra, Chief Technology Officer, SBICAP Securities Limited, said, “I am delighted to join SBICAP Securities at an exciting time in its growth journey. Technology will be a key enabler in taking the organisation to the next level by driving innovation, accelerating digital transformation, enhancing operational efficiency, and strengthening security. I look forward to working closely with the leadership team to build a scalable, agile, and future-ready technology ecosystem that delivers seamless customer experiences and creates sustainable business value. Together, we aim to harness emerging technologies to unlock new opportunities and further strengthen SBICAP Securities’ position in the evolving financial services landscape.”
Baldev Prakash, Managing Director & CEO, SBICAP Securities Limited, said, “We are delighted to welcome Ayaskant to SBICAP Securities. His extensive experience leading enterprise technology functions and his deep understanding of the financial services ecosystem will be valuable as we continue to strengthen our technology infrastructure and digital capabilities. We remain focused on leveraging technology to enhance the customer experience, drive operational excellence, and support the company’s next phase of growth.”
With this appointment, SBICAP Securities Limited reinforces its commitment to building a robust, agile, and future-ready technology ecosystem that supports its strategic priorities, enhances customer experience, and responds to the evolving needs of the financial services industry.
