In a strategic move to bolster its marketing prowess, HDFC Securities, a leading investment services provider, has welcomed Puneeth Bekal as its Chief Marketing Officer (CMO) and Executive Vice President (EVP). The announcement underscores the company's commitment to navigating the dynamic landscape of financial services with a focus on digital innovation.
Bekal, armed with over 19 years of rich experience in brands and marketing, brings a wealth of knowledge in brand strategy, marketing strategy, and digital marketing across diverse industries. His impressive career includes stints at renowned organizations such as Mastercard, Godrej Group, Lodha Group, and Ceat Tyres. Holding a marketing degree from IIM-Calcutta, Bekal has worked in more than 42 cities across India and seven countries, providing him with a profound understanding of India's diverse culture and global interconnectedness.
The appointment comes at a crucial juncture as HDFC Securities aims to solidify its standing in the fragmented and evolving broking and distribution space in India. Dhiraj Relli, the Managing Director and CEO at HDFC Securities, expressed confidence in Bekal's ability to craft a new age, digital-first marketing ecosystem that distinguishes HDFC Securities in the industry.
Bekal's immediate focus will be on steering the marketing department and elevating HDFC Sky, the flat pricing equity broking app launched in September 2023. His vision is to position HDFC Sky as the undisputed investment platform of choice for the vibrant community of young and millennial investors across the nation. Bekal highlighted the transformative power of cutting-edge technologies and emphasized leveraging these tools to unlock their full potential in the rapidly evolving financial landscape.
Reflecting on his appointment, Bekal conveyed his enthusiasm for embarking on the journey with HDFC Securities, aligning with the shared vision of becoming the preeminent ally for financial investors. He emphasized the surge in over 10 crore new demat account openings in India since the pandemic, predominantly driven by a wave of young and tech-savvy investors, showcasing the dynamic shift in the financial landscape.
Bekal's strategic initiatives aim to redefine the financial services landscape through innovation, personalized experiences, and a steadfast commitment to trust. The company aspires to solidify its position as the go-to destination for the next generation of investors.
In recognition of his achievements, Bekal was recently honored as one of the "100 Most Influential Marketers" by Business World and authored the prestigious Business World Marketing White Book, further underlining his impact and influence in the marketing domain.
As HDFC Securities propels itself into a new era under the leadership of Puneeth Bekal, the company is poised to leverage digital capabilities and cutting-edge technologies to meet the evolving needs of investors, making a significant mark in India's financial landscape.