Manish Kothari resigns as Kotak Mahindra Bank’s Group President & Head - Commercial Bank
He will step down from the bank effective September 30, 2026
by
Published: Sep 14, 2026 2:48 PM | 1 min read
Follow Us
- Manish Kothari, Group President and Head of Commercial Bank at Kotak Mahindra Bank, will resign on September 30, 2026, after nearly 30 years with the bank.
- Kothari has managed various sectors within Commercial Banking, including Agri Business, Rural Finance, Logistics, Infrastructure, Microcredit, and Gold Loans.
- He previously led Corporate Banking and has been part of Kotak's Key Leadership Team for over 15 years.
- In his resignation letter, Kothari expressed his intention to pursue opportunities outside of Kotak, and the bank is transitioning his responsibilities into its Retail and Institutional business segments.
Manish Kothari, Group President and Head of Commercial Bank at Kotak Mahindra Bank, will step down from the bank on September 30, 2026, after nearly three decades with the organisation, according to the regulatory filing.
As Head of Commercial Banking, Kothari has overseen businesses including Agri Business covering MSME and corporates, Rural Finance including tractor and crop loans, Logistics and Infrastructure covering CV, CE loans and working capital, as well as Microcredit and Gold Loans.
Prior to taking on his current mandate, Kothari led Corporate Banking, where he was responsible for scaling the business across advances, revenues and reach. He has been part of Kotak's Key Leadership Team for more than 15 years.
In his resignation letter addressed to MD & CEO Ashok Vaswani, Kothari said, “This has reference to our conversation a few months back wherein I had discussed with you regarding my interest in pursuing a journey outside of Kotak (possibly an entrepreneurial one).”
The bank said it has initiated a planned transition and integrated the Commercial Bank portfolio handled by Kothari into its Retail and Institutional business segments.
Read more news about People Movement, Internet Advertising, Marketing, Digital Media, PR and Corporate Communication
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook, YouTube & Google News