Mr. Motilal Oswal, is the Chairman and Managing Director of Motilal Oswal Financial Services Ltd (MOFSL). He started the business along with co-promoter, Mr. Raamdeo Agrawal in 1987.^[1]

A Chartered Accountant by qualification, the entrepreneurial bug bit him early in life. After completing his CA, he had the option to take up his family business or set up his CA practice but he decided to plung into the broking business along with his friend Raamdeo Agrawal as co-promoter. Emphasis on research based advice has been the hallmark of Motilal Oswal Financial Services Motilal Oswal Group which today spans the wide gamut of financial services like Broking & Distribution, Wealth Management, Institutional Equities, Asset Management, Investment Banking and Private Equity. While the company started in 1987 as a small broking unit with just two people running the show, Oswal’s passion for promoting and nurturing entrepreneurship in the country through a franchisee model has enabled the company through its Business associates, to be present in 1563 business locations in over 550 cities with over 7 lakh customers. And more entrepreneurs are joining the company as a franchisee to be a part of this growth story.

His views on entrepreneurship: “To me entrepreneurship is very simple. It is a self motivation and a drive to push yourself and others around you every moment; to think and do your best so that you become better and bigger. Every person has unlimited potential and entrepreneurship is nothing but tapping this potential to reach higher and higher levels.”

Mr. Oswal has served on the governing board of the Bombay Stock Exchange (BSE)as well as IMC. He has also served on any committees of BSE, National Stock Exchange (NSE) , SEBI and CDSL. He is also a board member and Director of Jain International Trade Organisation (JITO).

Mr. Motilal Oswal was awarded the "Rashtriya Samman Patra" by the Government of India for being amongst the highest Income Tax payers in the country for a period of 5 years from FY95–FY99.^[2]

The Institute of Chartered Accountants of India felicitated Mr. Oswal with the "Excellent Business Achiever in Financial Services" award.^[3] The “Udyog Rattan Award” was also conferred to him for his performance in the industrial development of the country by the Institute of Economic Studies, New Delhi. He has also been awarded “The Hall of Fame for Excellence in Franchising” by - Franchising World Magazine. He is also awarded as the Champion of Arthshastra by the Rotary District and the Excellent Business Achiever in Financial Services Award by the Institute of Chartered Accountants of India. Recently, Mr. Oswal was honoured with Special Contribution to Indian Capital Market Award in ‘INDIA’S BEST MARKET ANALYST AWARDS 2009’ organized by Zee Business. ^[4]

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