Business Economy


Kotak Mahindra Bank announces leadership transition

Kotak Mahindra Bank announces leadership transition

Mumbai, May 31 (UNI) Private lender Kotak Mahindra Bank announced on Saturday that Shanti Ekambaram, Deputy Managing Director, will be retiring from her role effective October 31, 2025, upon completion of her current term.

Shanti has been with the Kotak Group since 1991 and has played a pivotal role in shaping the Group’s growth and evolution of the institution over the past three decades, said a press statement issued by the bank here.

She has led several of the Group’s most strategic businesses, including Investment Banking, Capital Markets, Corporate Banking, Treasury, 811 and Consumer Banking.

The Bank also announced that Paritosh Kashyap, currently Group President and Business Head – Wholesale Banking Group, will be appointed as Whole-time Director (Executive Director) and Key Managerial Personnel, subject to regulatory approvals.

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