HDFC Securities,a subsidiary of HDFC Bank and a leading retail broking house, has appointed Dhiraj Relli as its managing director and chief executive officer. 

Relli takes over the position from Aseem Dhru, who returns to HDFC Bank as group head-business banking, rural, commodity and agri-lending businesses, a Press release issued by the company said.

Speaking about his appointment, Relli said, “I am pleased to be given the responsibility of leading an exceptional business and a strong team built by Aseem (Dhru)." 

Dhru was instrumental in driving growth of HDFC Securities for the past five years and continues to be on the board of the company, it said.