Top Management




Dhiraj Relli, Managing Director and Chief Executive Officer

Dhiraj Relli oversees all aspects of the company’s institutional, retail business and operations. With a career span of over Three decades, he is the member of HDFC family since 2008. He has served as Senior Executive Vice President and Head of Branch Banking at HDFC Bank, where he managed Retail Branch Banking spreading across 800 branches geographically.
Prior to this, he worked as the Country Head, Branch Banking with Centurion Bank of Punjab, held various posts with ICICI Bank and other well-known financial services organisations. Mr. Relli is a member of the Trading Member Advisory Committee, National Stock Exchange and Member of the Advisory Committee of Bombay Stock Exchange.
A B.Com. (Honours) graduate from Delhi University, Mr Relli is a qualified Chartered Accountant from The Institute of Chartered Accountants of India and also did an Advance Management Program from the prestigious Indian Institute of Management,Bangalore.

Ashish Rathi, Whole Time Director

Mr. Ashish Rathi serves as a Whole Time Director of HDFC Securities Limited. He has been associated with the company since 2003 and heads the Risk, Compliance, and Operation Functions. He also serves as a member of the Board of Directors.
He is a Chartered Accountant by profession and graduated from Narsee Monjee College of Commerce and Economics. He has more than 20 years of rich experience in Capital Market Operations, Risk Management, and Compliance Functions.

Sandeep Bhardwaj, Chief Operating Digital Officer

Sandeep Bhardwaj is the Chief Operating Digital Officer at HDFC securities, with over 22 years of experience in the financial services industry. He is a seasoned professional with expertise in change management and digital transformation, with a focus on customer centric innovation. Sandeep brings a wealth of experience in the domains of banking distribution, wealth management, retail assets, and capital markets.At HDFC securities, Sandeep is spearheading the digital strategy and transformation, product management, platform development, digital business, distribution, marketing, and corporate communications. He is leading the charge to create a world-class digital experience for our customers, with a focus on delivering innovative products and services that meet their evolving needs.


Prior to joining HDFC securities, Sandeep was part of the management teams of IIFL Securities, Angel Broking Ltd,Religare Finvest Ltd, and worked with Centurian Bank of Punjab Ltd, Standard Chartered Bank, HDFC Bank, and ICICI Group in various capacities. He has a proven track record of driving growth and profitability through strategic planning, business development, and operational excellence.


Sandeep holds bachelor's degree in science from Rajasthan University and has completed executive courses from INSEAD and the Indian School of Business in the areas of leadership, digital marketing, digital transformation analytics, and innovation. His passion for learning and commitment to excellence have enabled him to stay at the forefront of industry trends and drive innovation within the organization.



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