Board of Directors

Narayan S A has been with the Kotak Mahindra Group for about 25 years and is currently the President - Commercial Banking and member of the Executive Board at Kotak Mahindra Bank Ltd.

In his tenure with the Kotak Mahindra Group he has held various positions. He was the Managing Director at Kotak Securities Limited till March 2010 and has been the key driving force for setting up and steering its retail broking business to a leadership position.

In April 2010, he moved as President to Kotak Mahindra Bank and is responsible at the Group Level for Commercial banking, Retail Broking & Car finance business. He is at present a Director on the Board of Kotak Mahindra Prime Limited, Kotak Securities Limited and Infina Finance Limited.

Narayan is a Chartered Accountant and a Bachelor of Commerce from Mumbai University. He is an alumnus of the Harvard Business School.

D Kannan, Group Head – Commercial Banking, Kotak Mahindra Bank, has been with the group for over 20 years. Prior to this, Kannan was Managing Director, Kotak Securities Ltd.

Kannan is part of the Bank's Executive Board that drives and oversees the Kotak Mahindra Group's growth charter.

Kannan has been a part of Kotak Securities since 2000. He set up, the online trading and stock market advisory platform of the business. Kannan has also acted as the company's Executive Director prior to being designated as Managing Director.

Kannan started his career as a Business Accountant with a leading computer manufacturing company. In 1991, he joined Kotak Mahindra Finance Ltd. as Assistant Manager. Thereafter, he was elevated as Vice President - Field Operation, Ford Credit Kotak Mahindra Ltd. with the responsibility of its Sales & Marketing functions.

Kannan is a commerce graduate from Bangalore University, Chartered Accountant (CA), and Cost and Works Accountant (CWA).

A Management post graduate from SP Jain Institute Of Mgt., Mumbai with over 26 years of experience in Banking & Financial Services Sector in setting up and Managing Profit Centres, Business Development & Multi-regional operations.

Set up and managing the lending & liability products & distribution for the Agriculture & rural sector. The division has the unique reputation of being the amongst the largest dedicated PSL portfolio amongst banks with a profit making track record for over 14 consecutive years in India. The Agri Business portfolio for the bank which now is over Rs.11,000 crs. ( US$1.90 bln.) in Fy17.

Expertise at a national level in managing retail, SME and wholesale asset products for the urban and non-urban markets. Experience in lending for diversified segments such as Tractor loans, CVs & infrastructure finance , SME loans, Microloans, corporate advances , Gold loans & rural housing.

Expertise to develop credit assessment methodology for all loan products.

Experience in Distribution development of Credit appraisal models & Recoveries including Asset reconstruction. Also handled a network of branches for liabilities and third party distribution.

Earlier experience also includes managing operations in Logistics & Shipping Industry.

Mr. Noshir Dastur, aged 60 years, holds a Bachelor's degree in Commerce and is a Fellow Chartered Accountant. He has been praticising as a Chartered Accountant since 1983. Since January 1, 1992, he has been associated with Dubash& Patil, Chartered Accountants, initially as a partner, and from May 26, 2014, as a proprietor. He was also associated with Bhandari Dastur Gupta & Associates, Chartered Accountants, as a partner, from November 24, 1999 until March 31, 2008.

During his professional carrier, he has conducted statutory audits, internal audits, management audits of public and private limited companies, and concurrent and statutory audits of branches of public sector banks and companies. He has also assisted private companies in setting up their accounts department, formulating accounting systems and then exercising overall control over the functioning of such accounts departments.

He is currently a director in two private limited companies and an Independent Director with Kotak Mahindra Trustee Company Limited and Kotak Securities Limited.

Mr. Chandrashekhar Sathe, B. Tech. (Chemical Engineering) from IIT, Mumbai, aged 67 years has more than 40 years of experience in the banking and financial sector and was Group head - Risk management of Kotak Mahindra bank before retiring in 2009. Mr. Sathe was a part of Senior management team of Kotak Mahindra Group since 1992 and was responsible for setting up the Fixed income securities capability of Kotak Mahindra Capital Company Limited.

Prior to joining Kotak, he worked with Bank of Nova Scotia and bank of Maharashtra and has wide range of experience in banking, finance, administration, credit, foreign exchange and money markets. He is a widely consulted expert on foreign exchange and money market in India and had been a frequent contributor to financial newspaper, magazines and TV news channels.