Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO
Vaswani was previously associated with Barclays, JP Morgan Chase and Citigroup
by
Published: Jun 27, 2026 4:49 PM | 1 min read
Kotak Mahindra Bank's Managing Director and Chief Executive Officer Ashok Vaswani will be stepping down, the bank has informed the stock exchanges.
Vaswani will not be seeking re-appointment when his current term expires on December 31, 2026.
Previously, Vaswani was Chief Digital Officer of Barclays.
Prior to Barclays, he was a partner with a JP Morgan Chase-funded private equity firm.
Vaswani was with Citigroup for 20 years and his last position at Citigroup was CEO, Asia Pacific, Global Consumer Bank, based out of Singapore.
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