Key Points
KVS Manian, who was re-designated as the Joint MD of Kotak Mahindra Bank on March 1, 2024, stepped down from his post with immediate effect on Tuesday...
Manian said that he was tendering his resignation from Kotak Mahindra Bank's services to pursue other opportunities in the financial services sector that he is currently exploring..
Additionally, he mentioned that he would also be stepping down from the Board of the Bank...
Under his leadership as the president of the consumer banking division, Kotak Mahindra Bank's network spread to over 600 branches and 1,000-plus ATMs in 10 years..
He has played a vital role in Kotak's transformation from an NBFC to a bank, where he managed a team working on viability, decision making and structuring of the banking business as a project...
