Kotak Mahindra Bank Limited has appointed Ms. Ketaki Bhagwati as an Independent Director on its Board, effective immediately for a four-year term, pending member approval. Announcing the appointment, Mr. C S Rajan, Independent Director and Part-time Chairman of Kotak Mahindra Bank, stated, “We are elated to welcome Ms. Ketaki Bhagwati to the Bank’s Board of Directors. Her extensive experience of over three decades in the banking and financial services industry will help the Bank achieve its growth objectives in the coming months and years.
The Board looks forward to working together with Ms. Bhagwati and benefiting from her guidance in key business segments.” Ms. Bhagwati is an Independent Director and Senior Advisor with significant expertise in strategy, business development, and risk management. She currently serves on the Board of Bayer CropScience (India) Ltd and has held board positions at Axis Bank Limited and Omniactive Health Technologies Pvt. Ltd.
Her career includes a 25-year tenure at the International Finance Corporation (IFC), where she was Chief Investment Officer in the Financial Institutions Group. She also serves on the Investment Committee at Encourage Capital and advises the South Asia Center at the Atlantic Council. Ms. Bhagwati holds a Master of Public Administration from Harvard University and a Bachelor of Arts from Wellesley College. “I am honoured to join the Board of Kotak Mahindra Bank, a leader in India’s banking sector,” she said. “I look forward to contributing to the Bank’s strategic vision and driving sustainable growth and innovation.”
