AFTER ALMOST TWO decades of building large businesses at Seattle-based Amazon, Bhavnish Lathia was longing for fresh challenges. A year at a start-up didn’t turn out as he had thought. Last August, he packed his bags for India and headed to Kotak Mahindra Bank’s (KMB) headquarters in Mumbai’s BKC. Elsewhere in the US, Milind Nagnur had been hopping from one global bank to another—from JP Morgan, Citibank, to Wells Fargo for more than two decades. The desire to innovate and disrupt the traditional ways of banking led him to fintech firm Early Warning Services, which pioneered real-time payments services in the US, akin to India’s National Payments Corporation of India. After witnessing India’s tech prowess via the India Stack, he decided to return home; KMB was a perfect fit. While both joined KMB around the same time in 2022, Rohit Bhasin, a veteran from FMCG behemoth Unilever, joined this February. Bhasin’s last assignment dealt with repositioning the once iconic Ponds brand while based out of Singapore. A few months later, Bhaskar Kumar—who has honed his skills at GE Capital, HSBC and Bajaj Finserv—came on board. All have been handpicked by KMB Founder and Director Uday Kotak, who on September 1 transitioned from MD & CEO to a non-executive role after two decades of building the institution that has total assets of ₹4.89 lakh crore.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
"Focus on the challenge of each customer"
SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company
PEDAL ON THE FUTURE
THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY
BREATHE EASY
Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference
The Taste of India in a Glass
FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN
LOOK BEFORE YOU LEAP
IN 2025, INVESTORS WILL NEED TO FACTOR IN VOLATILITY ACROSS ASSET CLASSES
MISSING ADVISORS
INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE
TURNING A CORNER
SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE
REALITY CHECK
INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?
TRUMP'S TRADE TANGO
The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?
"The essence of the Trump administration will be transactional”
Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more