In a strategic revamp, Kotak Mahindra Bank promoted KVS Manian and Shanti Ekambaram. Manian’s new role as Joint MD will focus on multiple banking sectors including Wholesale and Commercial Bank. Ekambaram assumes the Deputy MD position, leading digital and global market initiatives alongside internal corporate functions. Set to take effect from March 1, 2024, this move follows Uday Kotak’s departure, with interim leadership from Dipak Gupta and current leadership by Ashok Vaswani. Other notable elevations include Milind Nagnur as COO and CTO, responsible for bank operations and cybersecurity, and Paul Parambi as Group CRO, tasked with a comprehensive risk assessment across the Group’s companies. CEO Vaswani endorses these promotions as a testament to Kotak’s robust talent pool and leadership sustainability.
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