Kotak Bank Announces Top-Level Management Changes

Kotak Mahindra Banksaid its board has accepted the retirement request of Deputy Managing Director Shanti Ekambaram, effective 31 October 2025. The bank also announced a series of senior appointments, subject to regulatory approvals.

Paritosh Kashyap, currently Group President and Business Head, will be appointed as whole-time director and key managerial personnel for a three-year term. Chief Compliance Officer Himanshu Vasa will retire on 10 July and be succeeded by Anantha Raman R., currently head of internal audit.

Ashish Athalye will take over as the new head of internal audit from 11 July, succeeding Anantha Raman. Athalye is currently Senior Executive Vice President and oversees audits across core operational functions.