Dr. S Devaranjan , Head Of Research & Quant Strategist, Stockholding Services
Research plays a pivotal role in shaping informed decisions, identifying opportunities, and mitigating risks in any organization. In the financial sector, accurate and timely research is essential for understanding market trends, evaluating investment prospects, and developing strategies that drive growth and profitability. The role of Head of Research is pivotal in this process, as they guide the team, set analytical standards, and ensure that insights are actionable and aligned with organizational goals. Their leadership not only strengthens the quality of research but also shapes strategic decisions that impact the company’s long-term success. Dr. S. Devaranjan exemplifies these qualities in his role as Head of Research and Quant Strategist at StockHolding Services Ltd.
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Top 10 Heads of Research - 2025
In an era defined by rapid transformation, shifting market dynamics, and an unprecedented volume of data, the role of a Head of Research has emerged as one of the most critical leadership positions across industries. This role serves as the intellectual backbone of an organization, guiding the development, execution, and continuous refinement of research strategies that inform high-stakes decisions and long-term planning. A Head of Research is responsible for conceptualizing research frameworks, overseeing multidisciplinary research teams, ensuring methodological rigor, and maintaining the highest standards of data accuracy and analytical integrity.
"Through collaboration with senior leadership, academic institutions, industry partners, and technical experts, Head of Research ensures that the organization’s research outputs remain relevant, forward-looking, and aligned with global best practices"
Beyond managing processes, this leader brings a deep understanding of industry behaviour, competitive landscapes, and emerging trends. By synthesizing complex information into actionable insights, the Head of Research enables organizations to anticipate challenges, identify new opportunities, and align their strategic direction with evolving global realities. Whether examining market patterns, consumer behaviour, regulatory developments, or technological advancements, this role transforms raw information into meaningful intelligence that drives innovation and improves performance.
Equally important is the Head of Research’s ability to foster a culture of curiosity, continuous learning, and evidence-based thinking. Through collaboration with senior leadership, academic institutions, industry partners, and technical experts, they ensure that the organization’s research outputs remain relevant, forward-looking, and aligned with global best practices.
As industries navigate digital disruption, economic fluctuations, and increasingly competitive environments, the Head of Research stands at the forefront - shaping informed strategies, strengthening institutional knowledge, and contributing to sustainable growth in an ever-evolving world.
CEO Insight magazine in this issue presents a list of 'Top 10 Heads of Research - 2025' who have leveraged their extensive industry expertise and experience in bringing innovative solutions to business. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
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Cheshta Dora, Head - Research, Content & Community | People Matters | She has over 13 years of experience in research, advisory, and business strategy at the intersection of HR, future of work, sustainability, and technology |
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Dr S Devarajan ,Head - Research & Quant Strategist | Stockholding Services | A financial market research professional with over 18 years of experience in corporate finance, investment management, and quantitative finance |
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Divya Karwal, Head - Technology, Research & Development | Samarth eGov | She combines technical expertise with strategic vision to advance research initiatives and deliver impactful technological outcomes |
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Pradeep Ramachandran, Director & Head - Research (Advanced Computing Lab) | KLA | He specializes in Bash, C, C++, Java, Perl, Python, shell scripting, Verilog, CAD, GEMs, Linux, Solaris, macOS, and Microsoft Windows |
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Sanjay Mookim, Head - Research | J. P. Morgan | With experience in Indian equities across multiple market cycles, he specializes in generating investment ideas and leading research to guide institutional clients |
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Shirish Pardeshi,Head of Research - Ideation | Motilal Oswal Financial Services | A leader in equity research and financial services, he brings over 28 years of expertise in institutional equities, investment banking, and market strategy |
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Thirumalai Kumar M, Head – Research Group | Siemens Technology and Services | He has over 19 years of experience in innovation management and industrial consultancy, serving both Indian and international clients across diverse industry segments |
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Utsav Verma, Head of Research – Institutional Equities | Choice | He leads equity research, analyzing company fundamentals, financials, and industry trends to guide institutional investors |
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Vinay Jain,Head – Research | Karma Capital | He has experience in researching listed Indian equities across multiple market cycles, responsible for generating new investment ideas and more |
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