Mr. Kalpesh Dave is a seasoned banking and wealth management professional with over two decades of leadership experience across investments, private banking, and financial planning. Currently serving as the Deputy Chief Executive Officer at Bajaj Capital Ltd, one of India’s leading investment advisory firms, Mr. Dave spearheads investment operations, sales, and client servicing, focusing on delivering bespoke, value-driven financial solutions to HNI, UHNI, family offices, and NRI clientele.

A results-oriented leader with a deep understanding of financial markets, Mr. Dave has played a pivotal role in shaping high-growth strategies and innovation-led transformations across premier institutions. Prior to joining Bajaj Capital, he was a founding team member of InCred Wealth, where he scaled the business from inception to managing over $1.2 billion in assets. His career spans senior leadership roles with L&T Private Banking, Aditya Birla Wealth, Kotak Mahindra Bank, and ICICI Bank.

Professional Journey

Mr. Dave began his career in foreign remittances and trade finance, building a solid foundation in international business and financial strategy. He transitioned into retail banking at ICICI Bank, where he served as Branch Manager and mastered the nuances of customer relationship management and branch operations.

At Kotak Mahindra Bank, he led the affluent business as Area Manager and was later elevated to Circle Head, a role in which he implemented several high-impact initiatives that significantly boosted business performance. He was recognized as Best Priority Area Manager for his outstanding achievements.

Expanding into wealth management, Mr. Dave held key leadership roles at Aditya Birla Wealth and L&T Private Banking, managing complex client portfolios, including international family offices and NRI clients. His entrepreneurial acumen came to the fore at InCred Wealth, where he played a foundational role in building a robust private wealth practice from the ground up.

In his current capacity at Bajaj Capital, Mr. Dave combines his deep industry insights with strategic foresight to drive business excellence and deliver long-term value to clients and stakeholders.

Educational Background

Mr. Dave’s academic credentials reflect a strong commitment to lifelong learning and executive excellence:

• Diploma in Electrical & Electronics Engineering – Vivekanand Education Society’s Polytechnic (Distinction)
• Bachelor of Engineering in Electronics & Telecommunication – K.J. Somaiya Institute of Technology
• Advanced Management Program for Bankers – Welingkar Institute of Management (in collaboration with Indian Institute of Banking & Finance)
• Portfolio & Investment Management Program – IIM Ahmedabad (Kotak Star Program)
• Executive MBA (International Finance & Strategy) – Indian Institute of Foreign Trade (IIFT), GPA: 3.3
• Senior Executive Leadership Program – Saïd Business School, University of Oxford (Class of 2024)

His comprehensive academic journey has been instrumental in shaping his expertise across banking, investment strategy, and global financial markets.

Philosophy & Leadership Belief

Mr. Dave is driven by a firm belief in excellence, innovation, and client-centricity. His leadership philosophy revolves around delivering tailored financial solutions aligned with the unique needs of each client. He advocates continuous learning, agility, and a culture of collaboration and integrity as pillars of sustainable success. Under his stewardship, teams are inspired to go beyond conventional benchmarks and pursue transformative impact.

Passions & Interests

Beyond his professional achievements, Mr. Dave is deeply passionate about financial empowerment and personal development. He is committed to guiding individuals and families toward achieving long-term financial security and prosperity. As a mentor to young professionals and an active participant in industry forums, he shares his insights to build a stronger, future-ready financial ecosystem.

A technology enthusiast, Mr. Dave keeps a close eye on emerging innovations in fintech, AI, and investment platforms, continually exploring ways to enhance client experiences and operational efficiency.

Latest Milestones: Product setup All products including 80 dollar based products, more than 50 tieups on AIFs Worked aggressively on Recoveries of lost business and clients and recovered more than 1 million dollar revenue from this alone Worked on digital journeys and setup the complete digital journey for Bajaj capital.

Private Wealth setup Complete setup of product platform people and structure with 57 RMs pan India and Dubai rep office was setup created a brand of private wealth for Bajaj capital Break even of this business started happened within 17th months of setup one if it’s kind In wealth industry. Broking business Revived the broking business and licence post regulatory discussions and revival of license and made it profitable in less than 6 months Worked on Debt capital market Scaled profitable business to more than 60 percent growth in 18 months Enhancement of mutual funds and investments AUM

Awards & Recognitions

Individual Honors:

• Most Dynamic Personality of the Year – BFSI
• Visionary CEO Award
• National Youth Inspiration
• AI Leader – Kalpesh Dave
• Innovation Leader of the Year
• Top 100 CX and Marketing Leaders – 2024
• Best Use of Generative AI
• Best Use of AI in Financial Services
• Visionary CEO of Excellence

Company-Level Achievements under His Leadership:

• Best Investment Management Company
• Brand of the Year (2024–25)
• The Economic Times Edge Award
• Afaqs Communicon Award – 2024
• Afaqs Digies Award – 2024
• Brand Storyz Award – Best Use of Social Media

Links

https://www.bajajcapital.com/about-us/deputy-ceo-wealth-bajaj-capital

https://www.linkedin.com/in/kalpeshdave-domainexpert-investments