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India

Kotak Mahindra Bank Ltd (KTKM.NS)

KTKM.NS on National Stock Exchange of India

1,715.60INR
12 Dec 2019
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Rs29.05 (+1.72%)
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Rs1,686.55
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Rs1,720.00
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Summary

Name Age Since Current Position

Prakash Apte

65 2018 Non-Executive Independent Chairman of the Board

Jaimin Bhatt

President, Group Chief Financial Officer

Uday Kotak

60 2019 Chief Executive Officer, Managing Director

Bina Chandarana

2016 Senior Executive Vice President, Company Secretary

Dipak Gupta

58 2011 Joint Managing Director, Whole-Time Director

K.V.S. Manian

2019 Whole Time Director

Gaurang Shah

2019 Whole Time Director

C. Jayaram

63 2016 Non-Executive Director

S. Mahendra Dev

61 2013 Independent Non-Executive Director

Farida Khambata

69 2015 Independent Non-Executive Director

Uday Khanna

69 2016 Independent Non-Executive Director

Uday Shankar

57 2019 Non-Executive Independent Director

Biographies

Name Description

Prakash Apte

Mr. Prakash K. Apte has been appointed as Non-Executive Independent Chairman of the Board of the Company effective 20th July 2018. served as Managing Director of Syngenta India Ltd (SIL), agricultural business company in India, until April, 2011. SIL is a subsidiary of Syngenta Group one of the largest research based agribusiness across the world. Since April, 2011, he has been the non-executive Chairman of Syngenta India Limited. He was instrumental in setting up the Syngenta Foundation India which focuses on providing knowledge and support for adopting scientific growing systems to resource poor farmers and enabling their access to market. He was appointed as the Part-time Chairman of the Bank at the Annual General Meeting held on 19th July 2018 for a period from 20th July 2018 till 31st December 2020. Mr. Apte has considerable experience in agricultural sector. In a career spanning over 36 years, he has extensive experience in various areas of management and business leadership. During more than 16 years of successful leadership experience in agriculture business, he has gained diverse knowledge in various aspects of businesses and has been involved with many initiatives for technology, knowledge and skills upgradation in this sector, which is vital for India’s food security. He is on the Board of Syngenta Foundation India, Indo-Swiss Centre of Excellence and Swiss Indian Chamber of Commerce (resigned with effect from 10th April 2019).

Jaimin Bhatt

Uday Kotak

Mr. Uday Suresh Kotak is Chief Executive Officer, Managing Director of Kotak Mahindra Bank Limited. He holds a Bachelor’s degree in Commerce, and a MMS degree from Jamnalal Bajaj Institute of Management Studies, Mumbai. He is the Managing Director & CEO of the Bank and its promoter. Under Mr. Kotak’s leadership, over the past 33 years, the Kotak Group established a prominent presence in major areas of financial services including banking, stock broking, investment banking, car finance, life and general insurance and asset management. He is a member of the International Advisory Board of GIC Private Limited, Singapore and International Advisory Panel of Monetary Authority of Singapore, Member of the Board of Governors of Indian Council for Research on International Economic Relations (ICRIER) and The Anglo Scottish Education Society (Cathedral & John Connon School). He is also a Governing Member of the Mahindra United World College of India. Mr. Kotak has been awarded the ‘EY World Entrepreneur of the Year Award’ in 2014 by Ernst & Young, ‘Economic Times Business Leader of the Year Award’ in 2015 by the Economic Times, ‘Businessman of the Year 2016’ by Business India and ‘Lifetime Achievement Award at Financial Express Best Banks’ Awards 2016’ in 2018 by the Financial Express, ‘USIBC Global Leadership Award’ in 2018 by the U.S.- India Business Council and ‘CEO of the Year Award at CNBC-Awaaz CEO Awards 2018, amongst many others.

Bina Chandarana

Dipak Gupta

Mr. Dipak Gupta is Joint Managing Director, Whole-Time Director of Kotak Mahindra Bank Limited. He is the Joint Managing Director of the Bank and has over 33 years of experience in the financial services sector, 27 years of which have been with the Kotak Group. Mr. Gupta helms the support functions of the Bank, including Human Resources, IT, Operations, Digital Initiatives, Customer Experience, Marketing and CSR, and has an oversight on the asset reconstruction and alternate investment businesses of the Group. Mr. Dipak Gupta was responsible for leading the Kotak Group’s initiatives into the banking arena. He was the Executive Director of Kotak Mahindra Prime Limited. Prior to joining the Kotak Group, he was with A. F. Ferguson & Company.

K.V.S. Manian

Gaurang Shah

C. Jayaram

Mr. C. Jayaram is an Non-Executive Director of Kotak Mahindra Bank Limited. He has varied experience of over 38 years in many areas of finance and business. Mr. Jayaram headed the wealth management business, alternative investments business including private equity funds and real estate funds and international operations for Kotak Group till his retirement in April, 2016. He was with the Kotak Group for 26 years and was instrumental in building a number of new businesses at Kotak Group. Prior to joining the Kotak Group, he was with Overseas Sanmar Financial Ltd. He was on the Board of Financial Planning Standards Board India till 3rd April 2019.

S. Mahendra Dev

Prof. S. Mahendra Dev is a Independent Non-Executive Director of Kotak Mahindra Bank Ltd., since March 15, 2013. He is currently Director and Vice Chancellor, Indira Gandhi Institute of Development Research (IGIDR), Mumbai, India. He was Chairman of the Commission for Agricultural Costs and Prices (CACP), Govt. of India, Delhi. He was Director, Centre for Economic and Social Studies, Hyderabad for 9 years during 1999 to 2008. He has done his Post-doctoral research at Yale University and was faculty member at the Indira Gandhi Institute of Development Research, Mumbai for 11 years. He has been a member of several government committees including the Prime Minister’s Task Force on Employment and Rangarajan Commission on Financial Inclusion. He has received honors for eminence in public service. He is the Chairman of the Committee on Terms of Trade on agriculture constituted by the Ministry of Agriculture, Government of India. He was a member and Acting Chairman of the National Statistical Commission in the rank of Minister of State, Government of India. He received prestigious Malcolm Adiseshiah Award for outstanding research work on development studies. He is on the Board of Trustees of International Food Policy Research Institute (IFPRI), Washington D.C. He is also on the Board of Kotak Mahindra Prime Limited. Prof. Dev is the Chairman of the Stakeholders Relationship Committee of the Bank and a member of the Audit Committees of the Bank and Kotak Mahindra Prime Limited.

Farida Khambata

Ms. Farida Khambata is an a Independent Non-Executive Director of the company. She holds Master of Arts in Economics from the University of Cambridge, a Master of Science in Business Management from the London Business School and a Chartered Financial Analyst. She is currently Global Strategist of Cartica Management, LLC and a member of its Investment Committee. She was earlier with International Finance Corporation (IFC) and was a member of IFC’s Management Group, the senior leadership team of IFC. In her last position at IFC she served as Regional Vice President in charge of all operations in East Asia and the Pacific, South Asia, Latin America and the Caribbean and the Global Manufacturing Cluster. Ms. Khambata joined IFC in 1986 from the World Bank where she managed pension fund assets. She is a member on the Advisory Board of ADM CEECAT Fund and Bancroft II and III Funds. She is also on the Board of Dragon Capital Group Limited, Vietnam, Cargills Foods Company Private Limited, Sri Lanka and Tata Sons Limited. Ms. Khambata is a member of the Audit Committee of Tata Sons Limited.

Uday Khanna

Mr. Uday Chander Khanna is a Independent Non-Executive Director of the company. He is a Chartered Accountant by qualification. Mr. Khanna is currently the Non-Executive Chairman of Bata India Ltd. Mr. Khanna was Managing Director & CEO of Lafarge India from July, 2005 to July, 2011 and the Non-Executive Chairman of Lafarge India from July, 2011 to September, 2014. He joined the Lafarge Group in Paris in June, 2003 as Senior Vice President for Group Strategy, after an extensive experience of almost 30 years with Hindustan Lever/Unilever in a variety of financial, commercial and general management roles both nationally and internationally. His last position before joining Lafarge was Senior Vice President - Finance, Unilever - Asia, based in Singapore. He has earlier been on the Board of Hindustan Unilever as Director - Exports, after having served as Financial Controller and Treasurer of the company. He has also worked as Vice Chairman of Lever Brothers in Nigeria and General Auditor for Unilever - North America, based in the USA. He is a Member of the Board of Governors of The Anglo Scottish Education Society and Jt. Managing Trustee of the Indian Cancer Society

Uday Shankar

Mr. Uday Shankar is a Non-Executive Independent Director of the Company. He is the President, Asia Pacific for The Walt Disney Company’s Direct-to-Consumer & International (DTCI) segment and the Chairman, Star & Disney India and leads the charge for Disney’s transformation into a direct-to-consumer company in Asia Pacific. Prior to his current role, he was the President of 21st Century Fox, Asia & CEO of Star India. Under his leadership, Star achieved a distinct leadership in Indian television broadcasting and has also made strides in disrupting the digital landscape with the launch of Hotstar. Mr. Shankar has played a key role in shaping the media and broadcasting industry in the country, bringing reforms for the industry and its consumers. He has been at the forefront of the landmark changes in self-regulation and pushing access for consumers to digitized distribution. Mr. Shankar began his professional life as a political journalist. Prior to Star, he was the CEO and Editor of Media Content and Communications Services, which operated Star News. Mr. Shankar was also Editor and News Director of TV Today Group, where he led the launch of Aaj Tak in 2000 and Headlines Today in 2003. He is on the Board of Vidhi Centre for Legal Policy, Indian Broadcasting Foundation, Tata Sky Limited and Federation of Indian Chamber of Commerce and Industry (FICCI). He is also the Vice President of FICCI.

Basic Compensation

Name Fiscal Year Total

Prakash Apte

4,687,000

Jaimin Bhatt

69,853,000

Uday Kotak

32,495,000

Bina Chandarana

11,014,000

Dipak Gupta

95,719,000

K.V.S. Manian

--

Gaurang Shah

--

C. Jayaram

2,180,000

S. Mahendra Dev

2,840,000

Farida Khambata

1,540,000

Uday Khanna

2,300,000

Uday Shankar

--
As Of  31 Mar 2019