Mumbai, May 01, 2024.Kotak Mahindra Bank (‘the Bank’) today informed the exchanges that KVS Manian, Whole Time Director designated as Joint Managing Director has stepped down from his position to pursue other opportunities in the Financial Services sector. The Board has accepted his resignation with immediate effect.Leveraging its strong leadership strength, the Bank announced a new reporting structure to drive a sharper focusand leadership oversight to its business.The Wholesale, Commercial and Private Bank will now report directly to Ashok Vaswani, Managing Director&CEO, while the Asset Reconstruction Division will report into Shanti Ekambaram, Deputy Managing Director. Shanti will also oversee the Investment Banking and Institutional Equities businesses.Commenting on...
