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About Us - Board of Directors

Board of Directors
The members of the Board consists of the following Directors
  • Mr. Uday Kotak - Chairman
  • Mr. Dipak Gupta - Director
  • Mr. KVS Manian - Director
  • Ms. Shanti Ekambaram - Director
  • Mr. Chandrashekhar Sathe – Independent Director
  • Mr. Srikar Baljekar – Independent Director

All directors apart from Independent directors appointed, are nominees of 'Kotak Mahindra Bank Limited', with vast, rich and varied professional background and immense expertise.

Mr. Uday Kotak

Mr. Uday Kotak, holds a Bachelor’s degree in Commerce and an MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai. He is the Executive Vice-Chairman and Managing Director of the Bank and its principal founder and promoter. Under Mr. Kotak’s leadership, over almost the past three decades. Kotak Mahindra group established a prominent presence in every area of financial services from stock broking, investment banking, car finance, life insurance and mutual funds. Mr. Kotak is the recipient of several prestigious awards. He is a member of the Government of India’s high level committee on Financing Infrastructure, the Primary Market Advisory Committee of SEBI, Member of the Board of Governors of Indian Council for Research on International Economic Relations, National Institute of Securities Markets and National Council of CII and Chairman of the CII Capital Markets Committee. He is also a Governing Member of the Mahindra United World College of India.

Mr. Dipak Gupta

Mr. Dipak Gupta, B.E. (Electronics), PGDM-IIM, Ahmedabad, is the Joint Managing Director of the Bank and has around three decades of experience in the financial services sector, more than two decades of which have been with the Kotak Group. He is responsible for Group HR, administration, infrastructure, operations and IT. He is also responsible for asset reconstruction business of the Bank. Mr. Dipak Gupta was responsible for leading the Kotak Group’s initiatives into the banking arena. He was the Executive Director of Kotak Mahindra Prime Limited. Prior to joining the Kotak Group, he was with A. F. Ferguson & Company for approximately six years.

Mr. KVS Manian

KVS Manian has a total experience of over three decades across diverse areas like financial accounting and control, Management Accounting, Project Management, Operations, Investment Banking, Corporate banking and Retail Banking. In his 19 year stint with the Kotak Mahindra group and has been instrumental in metamorphosing many business divisions into a success story. He took on the mantle of leadership of the branch banking since its inception of the business at Kotak Mahindra group, in 2003 - the year in which for the first time India witnessed a Non- Banking Finance Company become a bank. Later in 2010, he assumed responsibility for the entire Consumer Banking Business for the Kotak group. A dynamic leader, Manian ably steered the bank from its founding of a single branch to over 600 branches across the country in a span of 11 years. He played a pivotal role in the design and implementation of customer focused products and services in the bank.

An engineer and Cost and Works Accountant, Manian completed his post-graduation in Finance Management from Jamnalal Bajaj Institute of Management Studies, Mumbai, in 1984. With his strong business acumen, informal and no-nonsense approach, Manian continues to lead the success story at Kotak Mahindra Bank.

Ms. Shanti Ekambaram

Shanti heads the Consumer Banking business of Kotak Mahindra Bank and is designated President – Consumer Banking. Prior to this, Shanti was President - Corporate & Investment Banking for 11 years till April 2014, where she was responsible for ensuring delivery of comprehensive advisory & financial solutions to leading Indian Corporates, Public Sector Undertakings, Financial Institutions, Multinationals and the Government.

Shanti has rich and varied experience in Investment Banking including Capital Markets (IPOs, Private Equity, Strategic Equity), M&As, Fixed Income, Fixed Income Syndication & Advisory, the Proprietary Fixed Income Government Securities business and Corporate Banking including Working Capital & Project Financing, transaction banking services and treasury products.

Shanti is associated with the group for over 20 years and has been responsible for successfully setting up and running several business units.

Shanti was also Executive Director and CEO of Kotak Investment Banking earlier. She was associated with this business since 1994 and, along with her team, steered the firm to a position of market leadership. She established a franchise recognised for executing innovative deals, including pioneering the first book-built IPO in India, which ushered global standards into the Indian capital markets.

Mr. Chandrashekhar Sathe

Mr. Chandrashekhar Sathe, B. Tech. (Chemical Engineering) from IIT, Mumbai, aged 62 years, has over 35 years’ experience in the banking and financial sector and was Group Head–Risk Management of Kotak Mahindra Bank before retiring in 2009. Mr. Sathe was a part of the Senior Management team of Kotak Mahindra Group since 1992 and was responsible for setting up the Fixed Income Securities capability of Kotak Mahindra Capital Company Limited. Prior to joining Kotak, he was with Bank of Nova Scotia and Bank of Maharashtra and had wide ranging experience in Banking, Finance, Administration, Credit, Foreign Exchange and Money Markets. Mr. Sathe is a widely consulted expert on Foreign Exchange and Money Markets in India and is a frequent contributor to financial newspapers, magazines and TV News channels.

Mr. Srikar Baljekar

Mr. Srikar Baljekar, B.Com, CA & CS, aged 55 years, has a career spanning around 29 years has considerable experience in the field of accounts, finance, internal audit and information technology. He was a part of the Kotak Mahindra Group from 1992 to 2004. He has also worked with Voltas Limited and was a Director Operations at Fidelity International Ltd.