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About Us - Board of Directors

Board of Directors
The members of the Board consists of the following Directors
Name
 
DIN No.
Mr. Uday Kotak   - 00007467
Mr. Dipak Gupta   - 00004771
Mr. KVS Manian   - 00031794
Mr. Arvind Kathpalia   - 02630873
Mr. Chandrashekhar Sathe   - 00017605
Ms. Padmini Khare Kaicker   - 00296388

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

Mr. Uday Kotak

Mr. Uday Kotak, holds a Bachelor’s degree in Commerce and is 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.Kotak Mahindra Bank Ltd. (KMBL) is regarded as one of the most efficient and high performing banks in India, built on the principles of simplicity and prudence. Uday remains unfazed by market euphoria and his ‘basics of banking’ approach has ensured that the loan book is of high quality and the bank is well capitalised. In a journey spanning nearly three decades, Uday has not only helped the company grow to this scale but also earn respect..

Today, Kotak Mahindra Group, a first generation enterprise, with revenue of US$ 2.8 billion, has a global presence, employs over 30,000 people and is recognised as one of the topmost employers in India. The group has the distinction of providing a 48% CAGR to its shareholders over a 29 year period. The core of the business model is ‘concentrated India, diversified financial services’.

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.

Mr. Arvind Kathpalia

Arvind Kathpalia is a University Ranker in B.A. (Hons) - Economics from Delhi University and an MBA from FMS, Delhi with specialisation in Marketing & Finance. He is the Group Chief Risk Officer, convener of RMC, member of ALCO, Credit Committee, FTAC and the New Products Approval Group. He holds overall responsibility for Integrated Risk Management and enables the Bank to maximize value by embedding Risk Management systems and framework across the organization. He is also responsible in ensuring that our Bank is Basel II compliant.

Arvind joined Kotak in 2003 as Group Head – Operations, Technology and Finance and in this role built a robust platform for the OTF functions which led to the Bank winning 14 IT Awards including the IT team of the Year for three consecutive years. Prior to joining Kotak, Arvind held several Leadership positions both in India and overseas with ANZ Grindlays and Standard Chartered Bank.

Mr. Chandrashekhar Sathe

Mr. Chandrashekhar Sathe, B. Tech. (Chemical Engineering) from IIT, Mumbai, aged 62 years, has over 35 years of experience in the banking and financial sector and was Group Head of 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.

Ms. Padmini Khare Kaicker

Ms. Padmini Khare Kaicker is B.Sc, FCA and is the Managing Partner of B K Khare & Co. She has held a number of key client facing and management roles. Under her leadership the firm has grown to be a full service firm. In addition to growing the firms practice, she has been responsible for building the consulting and corporate finance verticals as also the foray into the financial sector. She has been extensively involved in Financial Services clients across banks, asset managers, brokers/dealers and insurance companies.

She has experience in auditing, large Indian organizations and multinational companies operating in India across a cross section of industries including oil & gas, automotives, information technology, and capital goods. In addition she has led teams on corporate restructuring exercises such as amalgamations, demergers, due diligence and valuations. She is also involved in bettering Corporate Governance as Audit Committee Chairperson of Public companies. She has also served on Committees of the Institute of Chartered Accountants of India.