StockWatch
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Private Sector Bank
Management Change10 Sept 2026, 07:20 pm

Kotak Mahindra Bank Senior Management Personnel Resigns

AI Summary

Kotak Mahindra Bank Ltd has announced the resignation of Mr. Manish Kothari, Group President and Head – Commercial Bank, a Senior Management Personnel. His resignation is effective from September 30, 2026. The bank has already integrated the Commercial Bank portfolio handled by Mr. Kothari into its Retail and Institutional business segments as part of a planned transition. Mr. Kothari expressed gratitude for his 31-year tenure, highlighting continuous learning, enduring relationships, and the bank's evolution into a leading financial services conglomerate. The bank has initiated a seamless handover process.

Key Highlights

  • Senior Management Personnel Mr. Manish Kothari resigns.
  • Resignation effective September 30, 2026, after 31 years.
  • Commercial Bank portfolio integrated into Retail and Institutional segments.
  • Bank has initiated a planned transition and handover.