Shanti Ekambaram has been with the Kotak Group since 1991 and has played a pivotal role in shaping the Group’s growth and evolution of the institution
Kotak Mahindra Bank on Saturday announced that Shanti Ekambaram, deputy managing director, will be retiring from her role effective October 31 upon completion of her current term.
The bank also announced Paritosh Kashyap, currently group president and business head – wholesale banking group, will be appointed as whole time director (executive director) and key managerial personnel.
Ashok Vaswani, MD & CEO, Kotak Mahindra Bank, said, “Shanti has been a cornerstone of Kotak’s journey. Her leadership has been marked by entrepreneurial thinking, deep customer insight, bold actions and an unwavering commitment to excellence.”
“Paritosh brings deep institutional knowledge, strategic foresight, and a strong customer-first mindset. I look forward to working closely with him as we continue to build the Kotak of tomorrow,” he added.
Ms. Ekambaram has been with the Kotak Group since 1991 and has played a pivotal role in shaping the Group’s growth and evolution of the institution over the past three decades.
She has led several of the Group’s most strategic businesses, including Investment Banking, Capital Markets, Corporate Banking, Treasury, 811 and Consumer Banking.
Mr. Kashyap has been with Kotak for over three decades and has been heading the wholesale banking business since 2022.
He has led several key businesses including Structured Finance, Real Estate, and Debt Capital Markets during his long career with the Group.
He was also the MD and CEO of KMIL from 2016 to 2019 and is a member of the Group Management Council.
Published – May 31, 2025 07:38 pm IST
