Kotak Mahindra Bank has knowledgeable the exchanges that Ok.V.S. Manian, Whole Time Director designated as its Joint Managing Director has stepped down from his place with instant impact.
He had joined Kotak in 1995 and in his 29-year-long affiliation with the group has led varied companies throughout the group together with Consumer, Commercial, Wholesale and Private Banking companies.
The financial institution just lately introduced a brand new reporting construction to drive a sharper focus and management oversight to its enterprise.
The Wholesale, Commercial and Private Banking division will now report on to Ashok Vaswani, MD &CEO, whereas the Asset Reconstruction Division will report back to Shanti Ekambaram, Deputy Managing Director, who may also oversee the Investment Banking and Institutional Equities companies.
