Kotak Mahindra Bank announces changes in senior management, re-designates KVS Manian as Joint MD

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Key Points

Manian was serving as the whole-time Director and a key managerial personnel of the bank...

The current Chief Financial Officer (CFO) Devang Gheewalla has been appointed as the President and Group Chief Financial Officer with effect from April 1, 2024..

This comes as a consequence of the superannuation of Jaimin Bhatt, currently Group President and Group Chief Financial Officer, on March 31, 2024, the company said...

"It may be noted that Mr. Nagnur shall continue to be the Banks Chief Technology Officer and will also be responsible for Operations of the Bank as also the Group Technology Architecture and Cyber Security," the company said in the filing...

Another member, Paul Parambi, currently the Chief Risk Officer of the Bank, has been promoted to the position of Group Chief Risk Officer with effect from March 1, 2024...