Kotak Mahindra Bank's Top Exec Nagnur Steps Down

Milind Nagnur, the Chief Operating Officer and Chief Technology Officer at Kotak Mahindra Bank, has resigned citing personal reasons. His resignation will take effect after business hours on February 15, 2025, as per the bank's regulatory filing.

Kotak Mahindra Bank has announced the resignation of its Chief Operating Officer and Chief Technology Officer, Milind Nagnur. The bank stated that Nagnur's departure is due to personal reasons.

His resignation will officially take effect from the close of business hours on February 15, 2025, as disclosed in a regulatory filing.

This announcement marks a significant change in the bank's leadership structure as it navigates future challenges in the banking sector.

(With inputs from agencies.)