Mumbai: Ashok VaswaniMD & CEO of private sector lender Kotak Mahindra Bank He took charge on January 1 this year, on Monday announced changes at the top level in the bank’s top management.
KVS Manian, a veteran and now whole-time director of the bank, has been named as joint MD, the bank said in a statement to the stock exchanges. Shanthi Ekambaram, another bank veteran and whole-time director, was named deputy MD. The bank said that both the changes are effective from March 1.
After Bhatt retired on March 31, the bank appointed Devang Gheewala in place of Jaimin Bhatt as group chief financial officer with effect from April 1. The bank promoted Milind Naganur as its chief operating officer with effect from April 1. It also promoted Paul Parambi to head the group. risk officer, effective March 1, the release said.