Kotak Mahindra Bank Appoints Nilesh Chaudhari as CTO, Vijay Narayanan as Head - Innovation & AI
Kotak Mahindra Bank announces resignation of CTO Bhavnish Lathia, effective Feb 9, 2026. Nilesh Chaudhari appointed new CTO and Vijay Narayanan appointed Head - Innovation and AI, both effective Feb 10, 2026. Both bring extensive experience in technology leadership.
Changes in key management positions like CTO and Head of Innovation can have a medium-term impact on the bank's technological strategy and execution.
The announcement is a routine management change and does not contain any information that would significantly impact the bank's financial performance or outlook.
Kotak Mahindra Bank Limited has announced a significant change in its senior management personnel. Mr. Bhavnish Lathia has resigned as the Chief Technology Officer (CTO) of the Bank, effective February 9, 2026, due to personal reasons.
The Board of Directors, in a resolution passed on February 9, 2026, approved the appointment of new leadership in the technology team, effective February 10, 2026. Mr. Nilesh Chaudhari has been appointed as the new Chief Technology Officer and Senior Management Personnel. Mr. Chaudhari brings 29 years of experience in technology leadership from global financial institutions like JPMorgan and Barclays, with expertise in payments, core banking, and large-scale technology transformation.
Additionally, Mr. Aravamudham (Vijay) Narayanan has been appointed as the Head – Innovation and AI, and as a Senior Management Personnel. Mr. Narayanan possesses approximately 24 years of experience in technology leadership, having worked with organizations such as Goldman Sachs and Amazon. His expertise includes large-scale engineering, cloud services, and AI strategy. Both appointments are effective from February 10, 2026. The bank has also updated its website with this information as per SEBI regulations.
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Kotak Mahindra Bank Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Kotak Mahindra Bank Limited. Read the original for the full detail.