Kotak Mahindra Bank has approved the appointment of Shanti Ekambaram as Whole-time Director of the bank, for a period of three years, with effect from November 1, 2022.
Further, the bank announced the reappointment of KVS Manian as a Whole-time Director for a period of three years (post the expiry of his current term on October 31).
The current term of Gaurang Shah as Whole-time Director and Director of the Bank will end on October 31, and will continue as Director of Kotak Mahindra Asset Management Company Limited, Kotak Mahindra Life Insurance Company Limited, Kotak Mahindra General Insurance Company Limited, Kotak Investment Advisors Limited, Kotak Mahindra (UK) Limited, Kotak Mahindra Inc. and Kotak Mahindra Asset Management (Singapore) Pte. Limited.
Dipak Gupta, Joint Managing Director of the Bank, has been appointed as Chairman of Kotak Investment Advisors Limited. Gaurang Shah, Whole-time Director of the Bank, has been appointed as Chairman of Kotak General Insurance Company Limited, and D Kannan, Group President- Commercial Banking, has been appointed as Chairman of BSS Microfinance Limited.
