IIFL Capital Services Limited has announced a leadership reshuffle, signaling an intensified push into Private Wealth and a sharpened focus on technology-driven growth. In a board meeting held on July 23, 2026, the company designated two senior executives as Joint Chief Executive Officers – Private Wealth, namely Raghav Gupta and Prakash Bulusu. The move underscores a unified leadership approach to steering the Private Wealth business and aligning product, client coverage, and capital deployment under a shared strategy.
Concurrent with the executive leadership realignment, Hardik Sanghavi has been re-designated as Chief Technology Officer – Institutional Equities, while Aditya Sisodia steps in as Chief Technology Officer – Private Wealth. These appointments reinforce IIFL Capital Services Limited’s emphasis on technology-enabled trading and client servicing across its institutional and private wealth franchises, signaling a broader technology-driven roadmap across asset classes.
In addition, Chintan Modi has been redesignated as Head – Growth & Business Partners, highlighting a renewed focus on expanding strategic partnerships and accelerating organic growth. Taken together, the moves position the company to bolster its growth engine, deepen client engagement, and accelerate digital capabilities across its Private Wealth and Institutional Equities platforms. The leadership shift reflects a broader trend of consolidating high-impact roles under a tightly coordinated executive team as the firm forges ahead in a competitive market.