Motilal Oswal Financial Services has expanded its Board of Directors by appointing Pratik Oswal and Vaibhav Agrawal from the Promoter Group, and Joseph Conrad Agnelo D’Souza and Ashok Kumar P Kothari as Independent Directors. These appointments aim to enhance strategic leadership, governance, and ensure business continuity for the company, effective November 1, 2025.
Strategic Board Expansion
Motilal Oswal Financial Services (MOFSL) announced the appointment of four new directors to its Board, effective November 1, 2025. The move is designed to further strengthen the company’s strategic leadership and governance structure.
New Director Appointments
The new appointees include Pratik Oswal and Vaibhav Agrawal from the Promoter Group, bringing innovative thinking and long-term ambitions to the company. In addition, Joseph Conrad Agnelo D’Souza (Mr. Conrad D’Souza) and Ashok Kumar P. Kothari have joined as Independent Directors, adding extensive experience across diverse sectors.
Expertise and Contributions
The newly appointed directors bring a wealth of experience in areas such as asset management, lending, taxation, strategy, and regulatory affairs. Their collective expertise is expected to enhance the Board’s oversight capabilities and reinforce the company’s long-term growth trajectory.
Leadership Perspectives
Mr. Motilal Oswal, Co-founder and CEO of MOFSL, expressed his delight in welcoming the next generation of the Promoter Group to the Board. He noted that Pratik and Vaibhav bring values, vision, and entrepreneurial spirit. He also welcomed Mr. D’Souza and Mr. Kothari, emphasizing that their leadership and domain expertise will significantly contribute to governance processes and strategic direction.
Continuing Roles
Mr. Raamdeo Agrawal and Mr. Motilal Oswal will continue in their current roles, actively guiding the company’s strategic direction, maintaining MOFSL’s commitment to long-term value creation and business excellence.
Source: BSE
