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Motilal Oswal’s Group CMO & Exec Director Sandeep Walunj Resigns

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Sandeep Walunj has resigned from his role as Executive Director and Group Chief Marketing Officer at Motilal Oswal Financial Services. In a note, he had stated, "It has been my privilege to lead an awesome team that transformed the identity of this iconic brand to make it more accessible, relatable, and engaging - especially for younger audiences, while deepening customer trust and connection across the board."

He added, "We were also able to organise and leverage the mammoth customer & transaction data for enhancing experience across every physical and digital touchpoint, bringing in greater consistency, warmth, and trust to every interaction."

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Sandeep possesses expertise in developing brands and implementing digital transformations to foster sustainable growth. His strengths lie in strategy guided by deep insights, creative collaboration across departments, cultivating teams, utilizing big data, AI, and machine learning, providing mentorship, establishing interdepartmental relationships, expanding into new regions and markets, and efficiently redesigning operational processes.

His professional journey commenced at Wipro Consumer Care in the role of Product Manager, after which he transitioned to Royal Friesland Foods.

 

Reckitt Benckiser then promoted him to Senior Brand Manager, and he subsequently held a position at Heineken as the Head of Non-Alcoholic Business.

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Later, Sandeep took on the role of Vice President - Marketing Innovation at PepsiCo, followed by his appointment as CMO - Value Retail at Future Value Retail. He then served as EVP & CMO at Magna Fincorp, and subsequently as CMO and Member of AMFI FLC at Nippon India Mutual Fund.

Previously, Motilal Oswal Financial Services Limited added four new members to its Board of Directors. This action is designed to bolster its strategic leadership, governance practices, and ensure the continuity of its operations. Pratik Oswal and Vaibhav Agrawal, representing the Promoter Group, have been appointed to the Board. Their joining is meant to support the Group’s enduring objectives by combining established approaches with innovative ideas, thereby contributing to the company's strategic path. 

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Additionally, the Board has welcomed Joseph Conrad Agnelo D’Souza, a seasoned professional from HDFC Group with forty years of experience, and Ashok Kumar P. Kothari, a former IRS officer with over thirty years of public service, as Independent Directors. These appointments are foreseen to fortify MOFSL’s corporate governance structures and offer guidance in various business and regulatory domains. The company has stated that these new directors possess considerable expertise in areas such as asset management, lending, taxation, strategy, risk management, regulatory matters, and corporate leadership. Their skills are expected to improve the Board’s oversight functions, governance quality, and strategic foresight, aiding MOFSL in its long-term expansion.

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