CURRENT AFFAIRS
CURRENT AFFAIRS
Description
Private sector lender Kotak Mahindra Bank has announced substantial leadership changes, indicating a strategy shift in the organization.
KVS Manian Redesignated As Joint Managing Director
Kotak Mahindra Bank has re-designated KVS Manian, a seasoned executive with nearly three decades of experience at the bank, as joint managing director, beginning March 1st.
Manian, an alumnus of the prominent Indian Institutes of Technology (BHU) in Varanasi, provides a lot of experience, having earned degrees in electrical engineering and finance management from top institutions.
Shanti Ekambaram Is Appointed Deputy Managing Director
Shanti Ekambaram, who has worked at Kotak Mahindra Bank for over 30 years, will join Manian in a critical leadership role.
Ekambaram's appointment as deputy managing director boosts the bank's leadership team, as he has a commerce background and qualifications as a chartered accountant and Cost and Works Accountant.
Devang Gheewalla Is Named Chief Financial Officer
Devang Gheewalla will succeed Jaimin Bhatt as chief financial officer beginning in April.
With this position, Gheewalla will also serve as president and group chief financial officer, bringing his significant financial experience to the forefront of Kotak Mahindra Bank operations.
Milind Nagnur Will Serve As Chief Operating Officer
Milind Nagnur, the current chief technology officer, will take on the additional duty of chief operating officer beginning in April, as part of a strategic initiative to improve operational efficiency.
Nagnur's dual role demonstrates the bank's dedication to harnessing technology and strengthening cybersecurity safeguards.
Paul Pambi Appointed As Group Chief Risk Officer
Recognizing the crucial role of risk management, Kotak Mahindra Bank has named Paul Parambi as its group chief risk officer, beginning March.
Parambi, who formerly served as chief risk officer, will be instrumental in improving the bank's risk management structure.
Continuity And Growth With New CEO Ashok Vaswani
The leadership change follows the appointment of Ashok Vaswani as CEO, succeeding founder Uday Kotak.
Vaswani, a former Barclays executive, began his tenure on January 1, with the Reserve Bank of India approving a three-year term. His leadership paves the way for Kotak Mahindra Bank's continuing expansion and innovation.
Welcome to Notopedia.com, your free learning platform that caters to the diverse needs of students and aspirants across a spectrum of entrance exams and educational endeavors. Whether you're preparing for highly anticipated exams like CAT 2023, NEET 2023, JEE Main, or bank job vacancies, our platform offers a wealth of resources to guide you towards success. Stay up-to-date with the latest exam dates, announcements, and results for various government recruitment exams, including SSC CGL, CHSL, NDA, and UPSC. Explore comprehensive study materials, sample papers, and exam patterns to hone your skills and boost your confidence. From important dates like CBSE Class 10 and 12 date sheets to exam-specific information like JEE Main 2023 application form date, we cover it all. Notopedia.com is your go-to source for everything from admissions and admit cards to scholarships and college information. Whether you're aiming for a career in defense, government, banking, or higher education, our free learning platform equips you with the knowledge and resources you need to excel. Join us in your educational journey and unlock a world of opportunities, guidance, and comprehensive support.
For more Updates and Information - Visit Notopedia's Bulletin Board
For Latest Sarkari Jobs - Visit Notopedia's Sarkari Jobs Section
For access to more than 20,000 Colleges - Visit Notopedia's College Section
For School Studies and Exams Preparation across 14 Boards - Visit Notopedia's School Section
For Comprehensive Preparation of Sarkari Job Exams - Visit Notopedia's Sarkari Exams Section
